POLITICS

Municipal budgets approved amid tax and wage adjustments

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United States local governments approved multiple municipal budgets this week: New Haven's Board of Alders approved a $744.3 million 2026-27 budget in a 28-1 vote raising the property tax rate from 39.4 mills to 39.962 mills; Myrtle Beach moved to reduce a homeowner tax credit as part of a $384 million budget approved initially May 26. Ansonia's Board unanimously approved a $69.1 million budget May 27 and scheduled a June 1 referendum for voters to accept city and school budgets, with public presentations held May 28; Madison County proposed a $35 million FY2027 budget that keeps the tax rate unchanged while raising the county employee minimum wage to $15 and funding 34 improvement projects.

Prepared by Lauren Mitchell and reviewed by editorial team.

Timeline of Events

May 26, 2026 — Myrtle Beach initially approves a $384M budget and reduces a homeowner tax credit.
May 27, 2026 — Ansonia Board unanimously approves a $69.1M budget and schedules June 1 referendum.
May 27, 2026 — New Haven Board of Alders approves a $744.3M 2026-27 budget in a 28-1 vote.
May 28, 2026 — Ansonia holds public budget presentation for residents at the Senior Center.
Early June 2026 — Madison County proposes a $35M FY2027 budget with no tax increase and a $15 minimum wage.

Why This Matters to You

These budget approvals directly impact your wallet. In New Haven, property taxes are going up. In Myrtle Beach, homeowner tax credits are being reduced. If you're in Madison County, you might see a boost in pay. Check your local government's website for specifics.

The Bottom Line

Local governments are making big financial decisions. These can affect everything from your tax bill to your paycheck. Stay informed and participate in public budget presentations or referendums. Worth forwarding if you know someone affected by these changes.