Additional Taxes for the Community
Problem
- Taxes in Clarkstown are very high and taxes are increasing every year as it gets more expensive for the town and school to operate and cover capital expenditures
Solution
- A new, high-end development will significantly increase tax revenues for the town with a minimal in expenses.
- A study done by a professional planner shows that the development will create approximately $5.0 million per year in new tax revenue for Clarkstown and will provide the town and schools with more than $3.3 million per year of net additional funds for its operations.
- A good portion of this new revenue will help schools and municipal services maintain critical staffing.
- The development would have a minimal increase of children in the school system as the offering and design will be geared toward older residents.