Penn Yan’s village board adopted its 2025–26 budget Tuesday, featuring a 5.99% property tax levy increase—adding about $115 to the average annual tax bill, according to the Finger Lakes Times. A $221,000 fund balance appropriation helped soften the impact.
The budget includes higher wages and benefits, with salary boosts across employee groups and a minimum wage increase to $15.50. Health costs declined slightly, but state retirement and workers’ compensation expenses rose by $82,000.
Tax rate changes vary by town, with Milo residents seeing an increase, while rates drop for those in Jerusalem and Benton.
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