The Farmingdale School District is pleased to announce that due to additional stimulus funding, the tax levy increase accompanying the budget for the 2009/10 school year is 1.33 percent. After completing the final adjustments to the tax rate calculation, which was presented to the board of education and the community on Sept. 16, district residents from Nassau County will see an average tax increase of 1.7 percent and those residing in the Town of Babylon will see an average reduction in taxes of about .8 percent.
These figures are a result of the fact that Farmingdale is split between two taxing entities, Nassau County and the Town of Babylon. The district utilizes information from each of these taxing entities, as well as the Office of Real Property Services to properly calculate the rate for this year’s tax bill.
“The country is going through some difficult economic times these days, and thankfully as a district, we are able to minimize the tax increase for the residents of our community, while still providing a sustainable education for our students,” said the Farmingdale School District Assistant Superintendent for Business Paul Defendini.
