The six-month drive-thru closure resulted in a $400,000 revenue loss, the company claims, while repair of the pipe and pumping of the accumulating stormwater cost over $1 million.
An Enterprise compiling of Crossgates’ property-tax payments show the mall is due to save millions of dollars due to successfully lowering its assessed value.
The spending plan comes right up against the state-set levy limit but does not pierce it. This means a simple majority vote can pass the budget. While spending is up 1.88 percent from last year, the tax levy is up 2.3 percent.
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