To view a draft copy of Mayor Reginald Spinello’s proposed 2015 Budget, click on this link. Please remember that this is a proposed budget and is subject to change before the budget vote on October 28, 2014.

A commercial property tax decrease is within Glen Cove Mayor Reginald Spinello’s proposed 2015 budget. Commercial real estate taxes will decrease .84 percent which translates to a reduction of $80 in taxes per $500,000 of assessed value. The proposed budget includes a minimal increase of 1.17 percent in residential property taxes, or $38 for a home with an assessed value of $500,000.