ROTTERDAM GE tax dispute begins again Schalmont, town face major revenue losses from assessment suit BY MICHAEL GOOT Gazette Reporter
Schalmont Central School District offi cials are worried that their budget could take a $13 million hit if GE is successful in lowering its assessment. The company has filed a lawsuit in state Supreme Court asking for a reduction in its property tax assessments for a five-year period beginning in 2007. The company is currently assessed by the town at $141.5 million and GE offi cials are seeking to lower that to $30 million. Superintendent Valerie Kelsey said she could not determine exactly what impact the reduction would have on educational programs. The district cut more than $2 million from its budget last year, mostly by closing Mariaville and Woestina elementary schools, to make up for reductions in state aid. It also cut 24 full-time equivalent teaching, support staff and administrative positions. “Anything like this is going to have a detrimental effect in a fi scal crisis that we’re in,” Kelsey said. This is the third such assessment challenge in the past decade. After a lengthy court battle, GE’s 325 acres in Rotterdam was set at $126.4 million in 2003 and $129 million in 2004. After the ruling was upheld by the court’s Appellate Division, that assessment was locked in for 2005 to 2007. As a result, the district had to pay the company $1.1 million. In 2002, after another successful GE challenge, the district had to pay about $11.6 million, which it borrowed and is continuing to pay back with interest. ..................>>>>...................>>>>....................http://www.dailygazette.net/De.....r01100&AppName=1
Buffardi says he wants to lower GE's taxes. So we can pay more. That is straight from Paulino's book.
"While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat."
Yeah Senders, don't you want a union boss telling you how much you should make so he/she can make double that off of your labor? It's the American way.
Unions are wonderful, they tell their members to vote for a strike and walk the picket line and while out of work your family endures hardships but the union leaders still get paid.
Unions are wonderful, they tell their members to vote for a strike and walk the picket line and while out of work your family endures hardships but the union leaders still get paid.
Well, while the workers are out loafing on the picket lines, the union negotiators are having lunch at Saratoga Prime with management working out a deal that is best for the workers. Believe me, every bite of the filet and sip of $200 bottle wine, they are thinking of the worker.
I am always looking for someone to tell me that I can paid no more than laziest piece of scum who works next to me and does a third of the work I do. Great deal. Makes everyone down to that lowest Eastern/Southern European common denominator.
"While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat."
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