{"id":348788,"date":"2026-09-16T23:47:06","date_gmt":"2026-09-16T23:47:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/348788\/"},"modified":"2026-09-16T23:47:06","modified_gmt":"2026-09-16T23:47:06","slug":"manhattan-approves-2027-budget-narrows-property-tax-hike-to-2-7-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/348788\/","title":{"rendered":"Manhattan approves 2027 budget, narrows property tax hike to 2.7%"},"content":{"rendered":"<p>After some last-minute calculations, the Manhattan City Commission on Tuesday approved its 2027 budget that would mean a 2.7% increase in property taxes for the average single-family homeowner.<\/p>\n<p>Commissioner Larry Fox moved to reduce the proposed mill levy from 52.8 mills to 52.5, reducing the city\u2019s projected use of general fund cash reserves by $236,000.<\/p>\n<p>A mill represents $1 in taxes for every $1,000 in assessed, taxable property value. The initial budget\u2019s 52.8-mill levy was 0.59 above the revenue-neutral rate.<\/p>\n<p><a href=\"https:\/\/themercury.com\/news\/manhattan-approves-2027-budget-narrows-property-tax-hike-to-2-7\/article_0b557b8f-1764-4e5a-8568-29ef0209a56e.html\" target=\"_blank\" rel=\"noopener nofollow\">To view the full article visit theMercury.com.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"After some last-minute calculations, the Manhattan City Commission on Tuesday approved its 2027 budget that would mean a&hellip;\n","protected":false},"author":2,"featured_media":348789,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[75,84,83,9,24,63],"class_list":["post-348788","post","type-post","status-publish","format-standard","has-post-thumbnail","category-manhattan","tag-manhattan","tag-manhattan-headlines","tag-manhattan-news","tag-new-york","tag-new-york-city","tag-nyc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/348788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=348788"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/348788\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/348789"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=348788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=348788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=348788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}