Mid Hudson Times Nov. 30 2016 | Page 3

3 Mid Hudson Times, Wednesday, November 30, 2016 Newburgh school district to pay $360K in tax-property refunds By SHANTAL RILEY [email protected] The Newburgh Enlarged City School District will have to pay $360,000 after two companies sued to have their property taxes reduced in the Town and City of Newburgh. C & S Wholesale Grocers will receive a $351,656 refund from the school district following a tax-certiorari judgement spanning 2011 through 2017; according to the school district, Imperial Motel, located on Broadway in the City of Newburgh, will see a refund of $8,445 for 2014 to 2016. Additionally, C & S will receive a $55,219 refund from the Town of Newburgh, said Town of Newburgh Assessor Molly Carhart. The business will also get a $17,475 refund from the Orange Lake Fire District and a $17,298.76 refund from the town water districts. These refunds follow closely on the heels of another property-tax lawsuit filed by Target, which operates a store off 17K in the Target Plaza. Earlier this year, the big-box store was awarded a tax refund of $14,942 from the town for taxes in 2014 through 2016. And, there are more to come. The Newburgh Motel on Route 9W, the Time Plaza office building on Route 300, Citizens Bank on Route 300, ShopRite Plaza on North Plank Road and the Walgreens/ Key Bank building, also on North Plank Road, are among the businesses currently in litigation with the town over their property assessments, Carhart said. Last year, the town also reached a settlement with Wal-Mart, which sued to have the property-tax assessment for its supercenter location on Route 300reduced by $200,000. Target and other big-box stores like WalMart and Lowe’s are suing municipalities across the country using the “dark store” tax theory, permitting tax assessments of big-box stores as if they were vacant. “Your big, national retailers, like Wal-Mart, they sue pretty much every chance they can,” said Todd Wiley, former president of the New York State Assessors’ Association and tax assessor for the Town of New Windsor. “It’s just the way they do business.” Municipalities that have a large number of commercial properties, such as the Town of Newburgh and the Town of New Windsor, normally see more taxassessment lawsuits, Wiley said. “It’s the law of averages,” said the assessor. “The more significant commercial properties you have, the more tax-certiorari C & S Wholesale Grocers sued to have property taxes reduced at its location on Corporate Blvd. in the Town of Newburgh. litigation.” The bulk of property taxes - about 70 percent, said Wiley – go to school districts. “If someone is paying $10,000 in property taxes, $7,000 is going to the school district,” he explained, and that is why school districts must pay refunds in propertytax settlements. “Approximately half of the (school district) budget comes from state aid, etcetera, and half comes from the property-tax levy.” When businesses sue over property tax assessments, it has a direct effect on the school district. “They typically have a fund dedicated for these tax refunds,” Wiley said. However, he notes, “the money was raised from the tax payers.” “They cut the check for the refund and, simultaneously, the assessment for the property has been reduced,” Wiley said. Taxes for that property will go down for the years covered in the settlement, he said, and “going forward, that property will not carry as big a piece of the tax pie as it did in the past.” Essentially, Wiley said, the tax burden “gets shifted onto everybody else.” A tax-certiorari settlement typically freezes assessment changes for a set number of years, Wiley explained. However, assessments can be changed in the case of a town-wide reassessment or significant physical changes to a property, he added. 30 + years as a Real Estate Professional SERVING DUTCHESS AND ULSTER COUNTIES