MT. KISCO, N.Y. -- The village of Mt. Kisco will save nearly $27,000 after the Westchester County Board of Legislators (BOL) unanimously passed an act Monday night that will exempt the reservoir, filtration plant and pumping facility owned by the Village from county taxes, according to a release.
BOL Majority Leader Pete Harckham (D-Katonah), who represents the County’s 2nd Legislative District, which includes Mount Kisco, spearheaded passage of the act. Municipal officials in Mount Kisco had determined that a subdivision of the Real Property Tax Law would permit the exemption, according to the release.
The town will save $26,670 in total taxes. “Our local municipalities are still struggling through tough economic times, so any assistance or tax relief that can be put into effect is always much appreciated,” Harckham said in the statement. “This exemption gives Mount Kisco some flexibility in terms of financial resources, which should be of benefit to the local taxpayers.” No fiscal impact upon the County is projected by the tax exemption for Mount Kisco because the amount will be spread across other parcels on an annual basis.
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