I’m waiting for the tax-shoe to drop.
The school budget only went up less than 2% this year. Whereas that may seem reasonable on it’s face, especially considering the foolish request for $11 million to upgrade a Northport/East Northport high school football field (more than the annual budget for several IA NCAA athletic programs), the resulting tax increase will be far higher. Why? Because revenues are going to plummet because of the drop and/or freeze in property values. What the city won’t be able to get, it will have to recoup by increasing taxes.
So, though I just paid $400 to contest my property assessment (and won!), the actual tax I pay probably won’t change much in the coming year. Sadness.
Don’t get me wrong. I came to Long Island FOR the schools and was well-aware of the taxes. Still, some people are getting soaked and times are very tough.
