Lockport Union-Sun & Journal Online

Local News

March 5, 2014

Veteran tax breaks to go before voters

(Continued)

Lockport Union-Sun & Journal — For veterans, the exemptions with this year's numbers would produce a possible annual savings of hundreds of dollars. Using the current school year’s numbers, veterans could have saved as much as $385. Municipalities offer veterans exemptions as well.

It's too late to offer the tax exemptions for the 2014-15 school year, so the earliest they could be enacted would be September 2015. Representatives from Niagara County Real Property Tax Office and the City Assessor's Office suggested waiting until the summer when tax rolls are complete, thus giving board members more accurate numbers to work with.

Trustee Thomas Fiegl was not present Wednesday. The lone dissenter was Trustee Joseph O’Shaughnessy, who agreed with the idea that board members should wait for the tax rolls to be finished in July.

"My thought is we should hold off on this," he said. "Without some bona fide numbers, it reflects on us as not being prepared."

Like the budget, a public hearing concerning the exemptions would be held before the May 20 vote. Most likely, it'll be at the same time as the budget hearing on May 7.

Coder said there aren't any local school districts offering the veteran tax exemptions for the fall. The rest are either waiting for more information or putting the measure up for a vote like Lockport.

Contact reporter Joe Olenick at 439-9222, ext. 6241 or follow him on Twitter @joeolenick.

Text Only
Local News