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Salamanca Today
By the People, for the People
Salamanca Approves Budget with Tax Hike, Wildwood Ave. Paving
City council adopts $12.8M spending plan with 2% property tax increase
Published on Feb. 16, 2026
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The Salamanca Common Council has approved a $12.82 million budget for the upcoming fiscal year, which includes a 2% increase in the city's property tax rate and $200,000 less in overall spending compared to the current budget. The new tax rate will be $67.03 per $1,000 of assessed valuation, up from $65.71 in the current year. The budget also allocates funds for a paving project on Wildwood Avenue.
Why it matters
Salamanca, a city in western New York, is facing financial challenges like many municipalities, requiring difficult decisions around taxes and spending. The budget approval and infrastructure investment signal the council's efforts to balance the city's needs while minimizing the tax burden on residents.
The details
The $12.82 million spending plan includes a tax levy of $964,120 and nearly $5 million in estimated revenues. In addition to the tax rate increase, the budget features $200,000 less in overall spending compared to the current fiscal year. A portion of the budget will go towards repaving Wildwood Avenue, a key thoroughfare in the city.
- The Salamanca Common Council approved the tentative budget on February 15, 2026.
- The new $67.03 per $1,000 property tax rate will take effect in the 2026-2027 fiscal year.
The players
Salamanca Common Council
The governing body of the City of Salamanca, New York, responsible for approving the municipal budget and overseeing city operations.
What’s next
The city will begin the Wildwood Avenue paving project in the spring of 2026 using funds allocated in the new budget.
The takeaway
Salamanca's budget approval reflects the difficult choices facing many cities, balancing the need for infrastructure investment and public services with the burden on taxpayers. The council's decision aims to maintain essential city operations while minimizing the financial impact on residents.
