The Daily Gazette
The Locally Owned Voice Of The Capital Region

Reserves’ use likely to cut Fulton County tax levy hike

Fewer and fewer areas remain to trim

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County supervisors have recommended using $1 million in reserve funds to trim approximately 4 percent from a proposed 15 percent increase in the tax levy for 2013. The suggested 11 percent levy increase — the total amount to be collected from property taxes — is still well above the 2.5 percent state-imposed tax levy cap. Supervisors would have to trim an additional $2.4 million from the adjusted $31 million property tax levy to get it ...

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