Frank Petrone: "We need to pierce the [tax] cap."
Democrat Frank Petrone has scheduled a public hearing to raise our local tax levy beyond the state-mandated "tax cap" in 2017.
In an interview with Newsday after scheduling a public hearing to raise the local tax levy, Democrat Frank Petrone said: "We need to pierce the [tax] cap."
This news comes just two weeks after Fitch Ratings Inc. downgraded the Town's issuer default rating from AAA.
Huntington would be the only town on Long Island besides Shelter Island to pierce the cap, according to Newsday, and we should note that Petrone's Democrat-led budgets have consistently increased property taxes -- just last year, his budget raised the tax levy by 1.3%.
The public hearing on exceeding the cap will be held at 7:00 p.m. on September 27th at Town Hall.
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