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.