Officials upset over assessment reductions
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SCHUYLER COUNTY, N.Y. -- County, town, and school officials have vowed to work together in opposing an effort by Inergy and Walmart to cut their tax assessments in half. Inergy, who owns U.S. Salt, is seeking a reduction of $15 million from their roughly $30 million property tax assessment. Walmart is looking to cut a little less than $7 million from their $12.4 million annual assessment.
Along with the county, villages, and towns feeling the impact, the Watkins Glen School District would lose about a quarter of a million dollars in tax revenue, or about four instructional positions.
"That's the sad part of all this. We as a district have been very responsible to our community in looking at consolidation, in containing out costs, reducing our staff, going to the consolidated single campus plan and these are factors that are simply out of own control," said Tom Phillips, Watkins Glen Superintendent.
County officials say it could be months before a judgment is made on the assessment requests.