Supervisor Reilich will introduce a local law to provide assessment relief to waterfront residents at the next Greece Town Board meeting on Tuesday, August 15, 2017. The New York State Lake Ontario and Connected Waterways Assessment Relief Act allows local municipalities to provide assessment relief to residents experiencing property damage as a result of increased water levels.
Under the State’s legislation local governments and school districts may opt-in to the assessment relief program available for residents. Under Supervisor Reilich, Greece Town taxes have remained flat at $6.33 per $1000. This local legislation would provide further Town tax relief to residents negatively affected by the increased water levels that may for certain water front residents affect their overall assessment. He also wants to alert effected homeowners that while the town’s tax rate will be reflective of the lower assessment, local school districts have not opted into this plan as of yet.
Supervisor Reilich will be formally requesting that the Hilton Central School District ($24.09 per $1000) and the Greece Central School District ($23.84 per $1000) opt into this one-year program. This tax assessment relief will be in place to help residents, many of whom are awaiting funding assistance, bridge the difference in their property values prior to full restoration.
“I will remain committed to pursuing every avenue possible to help residents along the water with the rising costs of repair and replacements to the many assets on their property that have been damaged,” said Reilich. “The tax assessment relief available under this program will provide much needed assistance to those negatively affected by the increased water levels.”
The local law to opt-in to the State assessment relief program will be before the Greece Town Board on Tuesday, August 15, 2017.