Mangano lays out tax plan for struggling Sandy victims
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Nassau County Assessments
MASSAPEQUA - Nassau County officials say they have enacted a new plan to ensure residents struggling with damage from Superstorm Sandy don't get hit with unreasonably high tax bills this year.
County Executive Ed Mangano today laid out his Post-Hurricane Sandy Assessment Stabilization Plan. He says it will help see that Sandy-affected homes get reduced tax assessments, without increasing property taxes on other homes to make up the difference.
Mangano says he's asking for $50 million in state and federal aid to stabilize the tax base while seeing that affected homeowners get the relief they need.
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If the aid doesn't come through, Mangano says the county can turn to the FEMA Community Disaster Loan Program. He says such loans would have a "minimal impact" on the county's long-term debt.
To watch Exec. Mangano's remarks, click on News 12 Extra on Optimum TV channel 612.