Tuesday, November 8, 2011

Cape Vincent to keep levy increase under state tax cap

  Link here to continue reading   Watertown Daily Times | Cape Vincent to keep levy increase under state tax cap

By JAEGUN LEE
TIMES STAFF WRITER
TUESDAY, NOVEMBER 8, 2011


CAPE VINCENT — The town of Cape Vincent, which voted last month to override the state’s tax cap, will keep its tax levy increase under 2 percent next year after all.

Under Cape Vincent’s preliminary 2012 budget, the town will keep the tax rate steady at $1 per $1,000 of assessed value and increase the tax levy by 1 percent, from $217,000 to $219,289.

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