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Town of Lockport lowering taxes

by TSchmitt
Thu, Nov 17th 2011 09:36 am

While other municipalities are fighting with the state's new two-percent tax cap, it looks like the Town of Lockport is ready to give residents a tax decrease.

The town's budget will include an increase in spending of about $261,000, but a decrease of about 10 cents per thousand dollars of assessed land value.

Unfortunately, some of the decrease will be eaten up by a large jump in water rates.

However, officials have said the net result is still a small decrease for the average family.

 

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