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Board of Finance approves FY 2027 budget adjustments with 3.23 percent increase

Board of Finance · Meeting of May 18, 2026

CT EAST HAMPTON — East Hampton Board of Finance sets June 2 referendum for FY 2027 budget. Finance Director Jeffery Jylkka outlined adjustments reflecting a 3.23 percent expenditure increase and a mill rate of 28.67, including a new Pequot/Mohegan grant of $104,793 and increases in state education reimbursement and telephone payment in lieu of taxes. The board approved the FY 2026 Tax Suspense List unanimously and noted the town expects a $300,000 positive variance for the current fiscal year.

Vice Chairman Finn expressed concerns about adding the Middle School paving project as a third question on the referendum ballot rather than holding a dedicated town meeting.

In the full story:

  • The complete report — 308 words

Source: the Board of Finance meeting of May 18, 2026, reported from the official video recording and transcript.

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