continued “It brought into an agreement 20 years, the past 10 and 10 going forward, a solid tax base with a specific rate that will bring budgeting efficiency to the County of Schenectady, the Town of Rotterdam and the Schalmont school district,” Buffardi said. “This consistency will allow us for planning and budgeting in the future. We also hope that this is a new era of a relationship with General Electric that will boost economic development.”
Buffardi is also proposing that the town once again stay within the state mandated tax cap. The town’s adopted budget for this year increased the property tax levy by 1.4 percent while cutting back the use of savings.