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flag Gloversville proposes a 5.1% property tax hike in 2026, its first in six years, due to rising personnel costs.

flag Gloversville’s proposed 2026 budget calls for a 5.1% property tax rate increase and a 5.6% tax levy rise—the first in over six years—driven by rising personnel costs including pay raises, health insurance, and state pension contributions. flag Despite a lower rate than a decade ago, the city is using over $1 million from reserves to soften the impact, reducing its fund balance to about $2.3 million. flag The budget, now $24.5 million, has grown 49.5% since 2016, outpacing inflation and healthcare costs. flag The decision between large, infrequent hikes and steady, moderate increases highlights a broader debate over fiscal stability versus immediate relief.

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