MAMARONECK, N.Y. (March 25, 2025) — The Village of Mamaroneck revealed its fiscal year 2025-2026 budget, addressing a $3 million deficit through cost-cutting measures and a 6.96% tax increase, marking the first time the village has exceeded the state’s 2.8% tax cap since 2012.
Presented at a public meeting on March 24, the budget follows a comprehensive review by new village leadership, which identified overestimated revenue projections, state-mandated costs, and debt from unfunded capital projects as the causes of the shortfall. The village plans to implement reductions in staffing, overtime, and legal expenses, halt new vehicle purchases, and introduce other savings measures to offset the deficit while maintaining essential services.
The budget also funds a five-year capital program through grants, existing bonds, and reserves to support infrastructure projects, including flood mitigation and parking improvements. A new overtime management system and a hiring freeze for fiscal year 2025-2026 will further enhance cost efficiency.
“Our leadership is committed to absolute transparency for taxpayers, ensuring the budget is responsibly balanced while making significant investments in the village’s future,” Village Manager Kathleen Gill said. “This budget is challenging but necessary to meet obligations, invest in long-term capital needs, and maintain current service levels.”
The village also introduced stricter procurement policies and updated the Hunter Tier Parking Structure project. The previous contract for the site, intended for affordable housing, was rescinded due to conflicts of interest involving improper communications under the prior administration. A new request for proposals will prioritize affordable housing, additional parking, flood mitigation, and municipal facilities, with details expected within two months.
For more information, residents can visit villageofmamaroneckny.org or contact the Village Clerk at sroberts@vomny.org.