Politics & Government
Ossining Homeowners Could See a Break on Paying Property Taxes
Legislation signed by the governor allows two Westchester towns to phase-in tax payments because of reassessments.
Ossining, NY — Legislation signed by Governor Andrew Cuomo could benefit Ossining homeowners if the town board passes a local law allowing a phase-in of tax payments due to property values increasing drastically.
If the law comes to fruition, homeowners who qualify would be allowed to pay a third of their increase the first year and two-thirds the year, according to an article at lohud.com.
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The Town of Greenburgh is the other municipality that would benefit from the Albany legislation.
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For the complete article at lohud.com, including more information on the law would be implemented, click here.
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