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Lattingtown Village approves ability to exceed state tax cap
The Lattingtown Village board on Thursday approved a waiver allowing it to exceed the state’s 2 percent cap on tax levy increases in preparing its budget for next year.
“We did this in case we need it, which I suspect we will,” Mayor Clarence F. Michalis said Friday.
He said the budget won’t be completed until next month but years of annual drops in property assessed valuation for the...