Fair 31°
Tag:

Financial Stability

Politics
Latimer Calls For Slight Sales Tax Increase Latimer Calls For Slight Sales Tax Increase
Latimer Calls For Slight Sales Tax Increase Property taxes may soon be frozen, but consumers in Westchester will also be paying an increased sales tax if County Executive George Latimer's plan is enacted. Latimer has proposed “The Westchester County Property Taxpayers Protection Act,” which, if approved, would keep the property tax levy flat for two years, while raising sales tax 1 percent. The proposal would help stabilize the county’s finances after losing its AAA rating - the highest ranking available - in each of the Big 3 rating agencies, last year. “As the bond rating agencies scored us and lowered our bond rating, put us on a …

SHARE

by Zak Failla