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Hempstead Supervisor Announces Tax Cuts
Lawrence Levy, associate vice president and executive dean of the National Center for Suburban Studies, spoke to News 12 Long Island about Hempstead Town Supervisor John Ferretti proposing an 18% tax cut to the general fund for 2026, that he says would result in $5 million savings. Helping to fund the cut would be a reduction in the town’s workforce. “This could be a good thing if the reduction is the result of sound fiscal practices. It could be a bad thing if it’s the result of fiscal gimmicks,” Levy said. “We’re talking about – at best – dollars in savings, not hundreds of dollars, except for the most expensive of properties.
