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State allows assessment reductions for 2013 flood victims

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Owners of flood-damaged properties in 10 counties still paying taxes based on pre-deluge assessments could be getting a break under the 2014-15 New York state budget. State Sen. Cecilia Tkaczyk, D-Duanesburg, said legislation she worked to have included in the budget allows impacted businesses and homeowners to have their properties reassessed in order to reflect a decreased post-flood value. The Mohawk Valley and Niagara County Assessment Relief Act incorporates Montgomery, Oneida, Herkimer, Madison, Tompkins, Cortland, ...


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