by Max Cea
On June 1, the Village of Nyack’s 2016-17 budget went into effect. It included a fairly typical list of revenue sources and expenditures. More notable was what it omitted: a property tax increase. Last year the village levied a little less than $3.5 million in property taxes; this year the village will levy the same amount — $3,446,521, to be precise. Though Nyack residents’ taxes remain quite high, those residents who don’t like paying taxes — all? — have reason to celebrate. Immediate savings, sure. Being lucky enough to live in the rare municipality where taxes are frozen, yes. But take a step back. The real significance of the tax freeze lies in the story it tells, the progression it illustrates, and for what it portends.