The Rotterdam Town Board unanimously voted to adopt the Homestead Tax Option, which would establish separate tax rates for commercial and residential properties at it’s special meeting Wednesday, Feb. 21.
The general consensus at the meeting was confusion because no concrete numbers were available to show who would be benefiting and who would harmed by this option.
The state requires the board to vote on the option prior to when the March 1 Disclosure Notices are mailed to residents.
If the town didn’t adopt the law, the School Boards at Mohonasen and Schalmont wouldn’t even be able to consider the option.
In order for the school district to take advantage of the potential for homestead tax rates
The town as the assessing unit has to take action, Supervisor Steven Tommasone said.
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