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Common Council Meeting: Property Taxes To Go Up Next Year

Local News

The Cortland Common Council met last night (and completed several important orders of business.

It passed a resolution accepting the issuance of $272,000 in serial bonds to finance the cost of the rehabilitation of Wickwire Swimming Pool, as well as 275,000 to finance the cost of resurfacing the Port Watson Street Parking Lot.

An amended version of a local zoning law was passed as well, limiting the ability of landlords to rent out housing in R-1 residential neighborhoods.

Mayor Tobin concluded the meeting by presenting the general budget for next year, which includes in it a 3.4% property tax increase.

Tobin says the tax increase is mostly due to the loss of anticipated sales tax revenue resulting from a new distribution agreement the County passed back in June.

A link to that story can be found by CLICKING HERE.

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