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Centre Island approves ability to exceed 2 percent tax cap
The Centre Island Village Board on Saturday voted to give itself authority to exceed the state’s 2 percent cap on property tax levy increases.
“We did it last year although we didn’t need it” ultimately, Mayor Lawrence Schmidlap said. “Most of the villages and towns pass it to be safe.”
But he said he did not believe that Centre Island will need to use the tax cap waiver this year either.
The reason, he said, is because the village has had some new construction that will boost the tax base.
Also, he said, the village did not have a lot of damage from superstorm Sandy or other unusual expenses.