The Village of Amityville has agreed to refund $48,000 to...

The Village of Amityville has agreed to refund $48,000 to Walgreens after the drugstore chain said it was overcharged on property taxes. This sign is on a Walgreens in Chicago on March 23, 2012. Credit: Bloomberg News / Daniel Acker

The Village of Amityville has agreed to refund $48,000 to Walgreens after the drugstore chain said it was overcharged on property taxes from 2003 through 2014.

Village attorney Richard Handler called the settlement a “fine resolution” to a tax case after the chain claimed it was overcharged by about $150,000.

Under the settlement, the Walgreens property at 275 Broadway will be assessed at $4,298,000, down from about $4.9 million.

The 2014-2015 village budget set aside $250,000 for similar tax settlements.

On the latest episode of "Sarra Sounds Off," Newsday's Gregg Sarra and Matt Lindsay take a look top boys and girls basketball players on Long Island. Credit: Newsday

Sarra Sounds Off, Ep. 15: LI's top basketball players On the latest episode of "Sarra Sounds Off," Newsday's Gregg Sarra and Matt Lindsay take a look top boys and girls basketball players on Long Island.

On the latest episode of "Sarra Sounds Off," Newsday's Gregg Sarra and Matt Lindsay take a look top boys and girls basketball players on Long Island. Credit: Newsday

Sarra Sounds Off, Ep. 15: LI's top basketball players On the latest episode of "Sarra Sounds Off," Newsday's Gregg Sarra and Matt Lindsay take a look top boys and girls basketball players on Long Island.

SUBSCRIBE

Unlimited Digital AccessOnly 25¢for 6 months

ACT NOWSALE ENDS SOON | CANCEL ANYTIME