The Ramapo town board is meeting tomorrow morning remotely to finalize and approve the 2021 budget. The $118 million spending plan represents a cut in spending, but depending where you live in town, you could see your taxes go up or down. Ramapo supervisor Michael Specht says new complications in the sale of the former Novartis property in Suffern, whose owners are seeking to have their tax assessment lowered despite reportedly looking to sell at a much higher price, shouldn’t affect next year’s budget…
The Journal News reported last week Suffern Partners LLC wants to sell the 162-acre campus for $55 million, an estimated $14 million more than its market value. The campus’ vacant buildings on Old Mill Road and Route 59 in Suffern, and Hemion Road in Montebello, were sold back in 2017 to another company for $18 million. The $118 million spending plan represents a cut in spending, but depending where you live in town, you could see your taxes go up or down.
Meanwhile, over in Orangetown, their budget was unanimously approved earlier this week, and supervisor Teresa Kenny said some painful decisions had to be made…
The $78 million budget is slightly lower than last year’s and is under the two percent tax cap. The DARE and CANDLE programs in local schools were among the cuts.