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City of New Rochelle Releases 2015 Proposed Budget of $156.5 Million with 1.79% Tax Levy Increase

November 10, 2014 - 23:30
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Strome BudgetPresserNEW ROCHELLE, NY -- New Rochelle City Manager Charles Strome III today released his proposed budget for Fiscal Year 2015. The $156.5 million budget calls for a real estate tax levy increase of 1.79%, the maximum allowable under the New York State tax cap legislation, and preserves the City’s existing services.

2015 Proposed Budget

11/11 New Rochelle Veterans Day Ceremony 10:30 AM

November 08, 2014 - 19:40

World War I Monument for 11 21 14 slideshowNEW ROCHELLE, NY -- Veterans Day Ceremony will be held on Tuesday, November 11 at 10:30 am at Memorial Plaza, Memorial Highway and Main Street in New Rochelle. Please join us in this tribute to the men and women who have served our nation. In case of inclement weather, the ceremony will be held at City Hall, Council Chambers, 515 North Avenue.

Bond Refinancing Nets Savings to New Rochelle

October 19, 2014 - 22:19

NEW ROCHELLE, NY -- Taking advantage of continued low market interest rates, the City last week sold approximately $10.6 million of general obligation refunding bonds (“refunding bonds”) to replace higher-interest 2005 Series A general obligation bonds. The maturity schedule of the refunding bonds mirrors that of the issue being refunded and will produce budgetary savings of $1,346,000 over the next nine years for an average savings to taxpayers of about $150,000 per year.

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