At Monday’s borough council meeting, Council President Kelly Murphy announced that the borough’s millage rate will decrease from the current 8 mills to 6.6 mills due to the recent county-wide reassessment.
Taxing entities adjust their millage rates down in proportion to an increase in taxable assessment.
Columbia Spy 
School District going to follow this model, too?
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Don't count on it.
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The school district must readjust their tax rate as the borough did. This is not a tax cut, simply a readjustment.
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Kelly Murphy Rocks !! He's the best.
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School District going to follow this model, too?
LikeLike
Don't count on it.
LikeLike
The school district must readjust their tax rate as the borough did. This is not a tax cut, simply a readjustment.
LikeLike
Kelly Murphy Rocks !! He's the best.
LikeLike