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Letter: Oyster Bay taxes too high already

Oyster Bay plans to borrow $30 million to

Oyster Bay plans to borrow $30 million to address cash flow problems. Above, a view of Town Hall on March 26, 2012. Credit: Nicole Bartoline

I read "Oyster Bay formula failing" [Editorial, Aug. 19] about the Town of Oyster Bay potentially piercing the property tax cap for a second year. If Town Supervisor John Venditto and his one-party town board pierce the tax cap, they will forfeit the property tax rebates for residents promised by Gov. Andrew M. Cuomo for staying below the cap. While neighbors are receiving rebate checks in the mail, Oyster Bay residents will once again be left out to dry.

Let me be the first to say, the well is dry. We have no more tax dollars to send to Oyster Bay, and we cannot afford to borrow any more money and increase our debt.

Brendan Mahoney, Farmingdale