Effort to bypass tax cap might face headwinds - Jamestown Press
1 Articles
1 Articles
Effort to bypass tax cap might face headwinds - Jamestown Press
The town council’s effort to get a permanent exemption for Jamestown from a law that prevents municipalities from levying a tax of more than 4 percent above the previous fiscal year may face a tough climb up Smith Hill. State Rep. Alex Finkelman submitted legislation last week on the town’s behalf that would allow Jamestown to exceed the 4 percent annual property tax cap enshrined in law as long as the town maintains the financial town meeting m…
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