In 1999, the for-profit company that owned two power-generating facilities in Rockland County, the Bowline plant and the Lovett plant, sued to get its tax assessment reduced.Read More
“The question boils down to this: Should the people of Glenwood Landing get the benefit of all of the school taxes paid by the Long Island Lighting Company, on its huge powerhouse there, while the people all over the county, who keep the Lighting Company going, don’t get a nickel to help them with their school taxes?”Read More
Almost nine years ago, the Long Island Power Authority filed a lawsuit seeking a 90 percent reduction in the $175 million a year in property taxes it pays on two generating plants in Nassau County as well as ones in Port Jefferson and Northport…
Nassau County, Huntington should take note of Brookhaven’s settlement…Read More
Mixed up in the frenetic days of the legislative session in Albany, desperate measures are being explored to deal with the LIPA tax assessment problem.
This involves the Long Island Power Authority’s attempt to reduce excessive taxes on four old, little-used power plants — taxes paid by all ratepayers but benefiting primarily the Port Jefferson, Island Park, Northport-East Northport and North Shore school districts. Reducing LIPA’s tax burden either by a settlement or a looming court case would drive up taxes for homeowners in those districts.
Commercial Cafe, a commercial real estate analytics firm, just determined that the Northport power plant is the highest taxed property in the nation, with an annual bill just north of $82 million for 2017.
This is the second year in a row that the aging plant has won national recognition as the highest-taxed property. Right behind were New York City properties: The General Motors Building was No. 2 at $75.5 million, and Stuyvesant Town, the residential behemoth in Manhattan, was No. 3 at $66.5 million. No. 5 was the MetLife Building at $52 million, while the Empire State Building was No. 15 at $39 million.Read More
Among New York school districts with enrollment list of highest property taxes per pupil is what you’d expect - topped by Great Neck, Scarsdale, Syosset and Bedford…Read More
Brookhaven Supervisor Ed Romaine and Port Jefferson Village Mayor Margot Garant are on the front lines of protecting the tax payers. Their leadership has sought to create a tentative agreement with LIPA that creates a fair and equitable phase-down tax agreement that reduces energy costs for Brookhaven residents while providing a generous cushion to the affected taxpayers within the village…Read More
Long Islanders pay high property taxes. To lighten this burden, our tax assessors have historically shifted a portion of the taxes to the rest of the Island by overtaxing power plants. These plant taxes are paid by all Long Island residents and businesses through electric bills. If your community has a power plant, you’ve benefited by paying disproportionally lower property taxes, but as in a game of musical chairs, local officials must plan for when the music stops, and the music is about to stop…Read More
Now is the time to settle the Long Island Power Authority’s tax refund case on old plants…Read More
The decision this week by Donald Clavin, Hempstead Town’s receiver of taxes, and Anthony D’Esposito, a town council member, to hold a news conference about the Long Island Power Authority was about as smart as stepping on a downed power line…Read More
LIPA, local governments should end court fight and agree on lowering taxes on plants…Read More