The Town of Schoharie has been through a lot over the last two years and many have been concerned that a sharp tax increase could hinder the recovery. The concerns of the voters has been listened to and the Town Board have passed a budget that reflects this.
With all of the issues, the Town Board is passing a budget with a tax increase of just .09%. With all of the special districts included, levy increases to 6.52 per thousand from 6.36 per thousand. Much of this increase comes from the nearly $9,000 that had to be budgeted in case of a new Supervisor. Mr. Milone currently donates his salary back to the Town.
I asked what the assessed value from last year to this year, and he could not tell the number.
ReplyDeleteThe number was about $3mil more.
That helps on the tax rate and the equalization rate also helped.