Dutchess executive Marc Molinaro to propose property tax cut considered largest in county history – Daily Freeman

0

POUGHKEEPSIE, NY – Residents of Dutchess County would benefit from the largest property tax reduction in county history under a 2022 spending plan proposed by County Executive Marc Molinaro.

In a press release Wednesday, Molinaro said his interim spending plan would reduce the county’s property tax by $ 5.5 million, leading to a drop in the average property tax rate by more than 10%.

Its budget will also restore funding for all positions in county government and expand and improve programs including mental health services, advocacy for victims of domestic violence, expanding support for older people at home, emergency preparedness, promotion and support for small businesses, investments in parks, opioid abuse. case processing and management.

Molinaro will unveil its 2022 budget proposal at 11 a.m. on October 27 at the Dutchess Community College Aviation Center at the Hudson Valley Regional Airport in the town of Wappinger.

If the county legislature approves Molinaro’s plan as presented, the 2022 budget will provide for the eighth consecutive reduction in property tax and the seventh consecutive reduction in property tax since Molinaro took office in 2011.

Earlier this month, Molinaro, candidate for the seat of New York’s 19th Congressional District, announced that his budget would include the elimination of the county’s 4% sales tax on clothing and footwear costing up to $ 110.

Taken together, the tax cuts and the elimination of sales tax on certain clothing and footwear would provide “historic tax relief and represent the Molinaro administration’s continued commitment to tax relief for homeowners and owners. companies, the press release says.

The combined impact of the sales tax and property tax measures is expected to result in annual savings of $ 20 million to taxpayers.

“Over the past two years, residents, families, farmers and businesses have faced so much uncertainty, but throughout this time they have been able to count on the consistency and competence of the county government. of Dutchess – our commitment to quality services and sound tax management, “Molinaro said in the statement.” In 2022, we continue our commitment to tax relief with our (eighth) property tax reduction back-to-back – the largest in Dutchess County history – by delivering on our promise to put taxpayer dollars back into residents’ pockets whenever we can, while improving the programs and the service they rely on. .

Announcing his proposal to eliminate the sales tax on clothing and footwear costing up to $ 110, Molinaro said the county’s financial situation today is “stronger than ever” with a higher fund balance. at $ 60 million and that sales tax revenues tend to exceed what was projected.

Molinaro’s budget address can be found live on the county’s website: dutchessny.gov. At 5:30 p.m., Molinaro and Budget Manager Jessica White will host a county-wide TV forum where residents will have the opportunity to participate in a live conversation about the proposed budget.

He will also host a series of county-wide town halls, including one at Northern Dutchess at 6 p.m. on October 20 at Wilcox Memorial Town Hall, 20 Wilcox Circle, Milan.


Source link

Leave A Reply

Your email address will not be published.