Schools will get an immediate $6.3 million from increased property taxes, thanks to increased value of the real estate; state and local revenues will rise an estimated $136 million over 20 years.
You increased property taxes in Woodbridge.
Johns Island residents would face an increased property tax.
11 mentality and increased property taxes, there are already people leaving New York," he said.
They also said that industrial zoning increased property values and was opposed by only three owners.
The increased property tax rebates "certainly can't be considered part of the deficit," Mr. Lance said.
Greening strategies have increased property values by more than $12 million.
And, unpopular as it was, they increased property taxes a bit each year to cover spending increases.
Noting that residents in outlying counties often equate new development with increased property values, he said, "As a result, many of these sleepy little towns welcome our business".
The residents of buildings on the park's perimeter, in turn, support the park, with increased property taxes and donations to the Central Park Conservancy.
Options included different property rates for nearby land to capture some of the value that arose from increased property prices, he said.
