Newsday: Budget Plan Offers 25% Tax Cut

Newsday recently reported that the Islandia Village Board introduced its budget for next year. The proposed $4.4 million budget calls for a 25% tax cut, which means the average household would save approximately $200 in village taxes. The reduction in taxes would be financed through its $47 million taxpayer relief agreement with Delaware North, which will lease space at the Marriott Hotel for the installation of 1,000 Video Lottery Terminals (VLTs) at the hotel. Read Article