Ringwood increases levy by 1.3 percent, less than allowed under cap
RINGWOOD – Because Ringwood isn’t expecting any growth in its tax base, Ringwood residents could see their property taxes go up this year.
The Ringwood Village Board voted, 4-2, to approve a levy for $77,500, an increase of $1,000.
The 1.3 percent increase in the levy doesn’t approach the state’s tax cap, which is 3 percent this year, but two board members, village President Rick Mack and Trustee Don House, still voted against it.
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