Saranac Lake school taxes may rise
From the Adirondack Daily Enterprise: Taxpayers within the bounds of the Saranac Lake Central School District might see a tax increase soon, according to an early draft of the 2019-20 budget given to the school board on Wednesday night.
The tax levy for the 2018-19 budget was $20,614,714. The tax levy limit for 2019-20 is currently at $21,851,177. The difference is an increase of more than $1.2 million, a 6 percent proposed increase for taxpayers.
Due to special circumstances, that 6 percent increase would be within the state tax cap, which begins at a 2 percent base.Read Article