| |
|
Public Hearings and Notices
|
| |
|
Community News
|
| |
|
Town e-Newsletter
|
|
Police Press Releases
|
|
Economic Developments Bulletin
|
| |
| |
|
Community Events:
|
| |
|
Town Calendar
|
|
Public Meetings Calendar
|
|
Parks and Recreation Calendar
|
|
Seniors Calendar
|
|
All Events Combined Calendar
|
| |
|
Community Clean-Up Days Sign Up
|
| |
|
News & Event Details
| < Back |
|
Bethlehem Well Below the Tax Cap
|
|
|
|
The Town of Bethlehem has filed the form required by the State Comptroller´s Office to document compliance with the State´s Property Tax Cap. As that form indicates, Bethlehem is substantially below the Cap, with a 2013 property tax levy $836,852 less than the maximum property tax allowed. In large part this is because town property tax revenues decline in total by 3.5% (including PILOTS - payments in lieu of taxes); there are also exclusions for tax base growth and a portion of pension contributions. As described in the Town Budget adopted on November 14, an 8% property tax rate increase ($67 on an average $250,000 home, without exemptions) was necessary to overcome the majority of the $1.7 million loss of the Selkirk Cogen PILOT payment. Bethlehem´s position relative to the Tax Cap speaks well of the efficiency measures in the adopted Town Budget, which reduces spending by 1.8%.
|
|
 |
|
OSC Property Tax Cap Form