Long Island residents may be excited at the prospect of property tax rebates, but one Nassau official says homeowners aren?t getting their fair share.
Nassau County Tax Assessor Harvey Levinson says the complicated formula for rebates based on tax rates and property values is punishing Long Island. He says Nassau and Suffolk have the highest taxed communities in the state, but are not getting the highest rebates. Officials say Westchester property owners can expect to receive an average of $346, while Nassau homeowners will get $241 and Suffolk $187.
Levinson argues everyone should get the same rebate, but in the form of a tax credit instead of a check. A spokesman for Senator Dean Skelos (R-Rockville Centre) says the idea is to put money in the pockets of property tax payers sooner rather than later. Many residents say they are happy to see any money after the lengthy debate that surrounded the issue.
Related Information: New York State Department of Taxation and Finance