To the Editor:
Guilderland taxpayers should take a close look at their town property tax bill that arrived this month. Your bill includes a 111-percent increase in the town’s pension tax, a tax our town board quietly created in 2012.
The long-term ramifications of this new tax are significant. The state’s 2-percent cap on property tax [levies] exempts pensions from the cap, which creates this gaping loophole in the law.
Anne Hayden’s Sept. 27, 2012 Enterprise headline claimed “No tax Hike for Guilderland,” but our taxes have gone up, again.
Though pension costs have certainly risen, not being clear about higher taxes is not what most residents would consider transparency.
Editor’s note: The story you mention, available online at www.AltamontEnterprise.com under Archives “Back Issues,” states: “Retirement contributions have increased roughly $400,000 from 2012 to 2013 and are projected to increase by another $450,000 in 2014.”