New York County Executive Proposes $7.6 Million Cut in Property Tax
Executive Steven Neuhaus proposes to slash the property tax levy in Orange County, New York, by $7.6 million to $126.5 million in the coming year.
Largely due to booming sales tax, the county can expand services and take on new initiatives in 2023 without asking property owners for more money, according to Neuhaus at a virtual budget presentation on Sept. 29.
He proposes a county budget of $896.3 million, an 8 percent jump from the year before.
Goshen Town Hall at 41 Webster Avenue in Goshen, N.Y., on June 27, 2016. (Holly Kellum/The Epoch Times)
However, drops in property tax levy and tax rate—the proposed property tax rate of $2.8 per thousand is the lowest the county has seen in 46 years—do not equate to lower property tax bills for every homeowner….