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Schenectady officials eye break on back taxes

Late payers currently charged 21 percent

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Saying the interest rate on late property taxes is so high that residents can’t catch up, the Schenectady City Council is considering giving them a break. Those who are late currently pay 21 percent interest, but cities like Albany and Saratoga Springs charge just 15 percent, Councilwoman Leesa Perazzo said. “There’s a tremendous difference in what our neighbors are doing,” she said, suggesting a rate similiar to those. She originally asked for a two-tiered system, ...

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comments

JIMOCONNOR
September 3, 2014
12:37 p.m.

[ Flag Post ]

Good for Type A Lady

JIMOCONNOR
September 3, 2014
12:37 p.m.

[ Flag Post ]

Good for Type A Lady

joycemadre
September 3, 2014
12:44 p.m.

[ Flag Post ]

How about the no taxes for the properties you destroy with no drainage system, for an example,. Because now its costing the taxpayer more then owed in taxes, legal issues and a vacate building.

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