Watertown town board weighing tax and reassessment options
The Town of Watertown is considering whether a town property tax or reassessment may be needed as sales-tax revenue declines and expenses rise.
By the ClickNNY North Country Desk
The Town of Watertown is considering whether to impose a town property tax or reassess properties as it faces financial pressure, according to a ClickNNY community submission.
Town Supervisor Jim Wright said the town has relied on its share of Jefferson County sales-tax revenue and has not imposed a town tax. The town’s equalization rate has not changed since 1990, and county officials say it is 45.5% this year and is expected to fall to 42.5% next year. Wright said the town board is waiting for the results of a state audit before deciding how to proceed.
The next town board meeting is scheduled for Sept. 10. This was submitted by a ClickNNY user and has not been independently verified by ClickNNY.com editorial.
Reported by ClickNNY and reviewed by an editor before publication.
More from ClickNNY
Guides and features from across the North Country.
ClickNNY Guide · Thousand Islands
Fishing the St. Lawrence River after summer: a fall and ice fishing guide to the Thousand Islands
When the tour boats leave, the St. Lawrence becomes a different river. Here's what's biting in the fall, how ice fishing works, exactly what to bring, how to stay safe, and where to stay, whether you're visiting for the first time or have lived here all your life.
ClickNNY Guide · Fort Drum
Your first North Country winter: a survival guide for Fort Drum soldiers from the South
Never driven on snow, owned a snow blower or felt a February morning at Fort Drum? Here's what to wear, what to keep in your car and how to get through your first lake-effect winter.
ClickNNY Guide · Winter
Are we ready for another North Country winter?
From heating bills and snow tires to lake-effect storms and the first big snowfall, Northern New York is getting ready for another winter. But how prepared are we really?