NORWICH – While the details of a $5 million property assessment relief program remain murky, the Chenango County Board of Supervisors voted to participate in it during a special meeting held Monday.
Fifteen towns, four villages, three school districts and the City of Norwich all requested to take part in what local officials estimate could mean about $500,000 in refunded property taxes available to Chenango County this year. Each jurisdiction was offered the opportunity to participate.
The act, signed by Governor Spitzer in early April, targets individual property owners who can prove to their local grievance boards that they suffered a 50 percent loss in the value of their property as a result of the floods in June and November last year. The county is asked to make application to the state by Sept. 15 for the combined losses found in order to receive reimbursement.