Westchester, Rockland communities to spend millions on tax challenges
Photo credit: Angela Gaul | Yonkers Mayor Mike Spano speaks at a news conference. (Aug. 28, 2012)
Westchester and Rockland communities will again spend tens of millions of dollars in 2013 to settle tax challenges from property and business owners who believe they've been overbilled -- in some cases borrowing the money and paying interest.
The root of the problem is outdated assessments, especially in Westchester County, where assessments tend to be long out of date. When assessments are...