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Colonie asks state to OK one-time tax

Democratic Board Member Bob Becker said that he has seen a lot of "forthrightness" from residents on the issue.

"I have had no person come forward and say that they don't support this issue," he said.

On the opposite side of the spectrum, Hogan said he has received lots of negative feedback about the tax.

Whether for or against, board members indicated that residents are aware of the tax and what it means for the people of Colonie.

According to Mahan, information has been readily available for all members of the board to examine and inquire about.

Last week, some residents of villages within the town brought up concerns about paying the same amount as taxpayers in the town because the town services they use are limited.

"We met with the villages because they had some concerns," said Mahan. She said that village residents would be paying a lower rate as a result of those discussions.

Residents with a higher assessed property values would be paying more, according to the one-time corrective tax bill, which was introduced in both the Senate and the Assembly (S.8496/A.11562) Wednesday, June 11. The maximum tax for a town parcel will not exceed $500 for residences and could be capped at $7,500 per parcel for commercial property assessed between $4,565,000 and $49,999,999.99, and $15,000 for a commercial property assessed at $49,999,999.99 or higher.

In percentages, that means that the residents in the Town of Colonie would have a tax levy of $1.273 per thousand of taxable assessed value; $1.152 for residents in the Village of Menands and the Village of Colonie; $1.64 for commercial property in the Town of Colonie; and $1.363 for commercial property in the villages.

The bill, which would mandate residents and commercial property owners to pay the tax, was referred to the Ways and Means Committee in the New York State Legislature on Thursday, June 12.

Mahan said, should the bill become law, the town will hopefully receive the funds in October, or worst-case scenario, January, totaling an expected $7.5 million.

State Assemblyman Bob Reilly, D-Newtonville, who sponsored the bill in the Assembly said that there are "tons of bills on the table," to be voted on before the final day of session, Monday, June 23. Reilly said he urged the Town of Colonie to file a home-rule message to the Legislature.

He is hoping that, with the home-rule message, the process for moving the bill into law will be quicker.""

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