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Hearing set tonight on village of Schoharie tax-cap override

Severe floods erode village’s tax base

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The loss of taxable property and other revenues that go with it may impact the village of Schoharie budget year that starts June 1, and the village is preparing for the worst. A public hearing is scheduled for tonight so the village can override the state’s 2 percent property tax cap, a measure Mayor John Borst said may or may not be necessary. The village’s fiscal year ends May 31 and a tentative budget, due ...

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