continued All three policies are available for review on the district website at www.johnsburgcsd.org.
At their June 11 meeting, board members will entertain comment or questions regarding the policies from the public. Once it evaluates input from the public, the board will consider adopting the three items as formal district policies.
The board voted unanimously to accept a “stipulation of settlement” in relation to an Article 7 proceeding between the Copperfield Inn, the town of Johnsburg and the Johnsburg Central School District for the 2010 tax year. The settlement reduces the assessment on the inn and therefore reduces the property tax levied on the property for 2010. The Johnsburg Town Council had previously approved the stipulation.
Markwica said he was increasingly concerned that more and more businesses are challenging their assessment and if successful, are potentially reducing the tax base. Richards asked how the lost revenue is made up. Do the other property owners make up the difference?
Markwica said the levy — the amount of property tax to be collected on all the taxable properties in the district collectively — is set.
“The levy is the levy,” Markwica said.
The difference between the original assessed property tax on the inn and the amount settled upon in the stipulation is made up by all the property owners in the district, he said.
The Johnsburg School Board next meets on Monday, June 11 at 7 p.m. in room 116 at Johnsburg Central School.