Compressor deflates Highland tax rate

By DAVID HULSE
Posted 11/13/19

ELDRED, NY — Tax benefits may be offsetting some of the local environmental concerns that plagued the Millennium Gas Pipeline compressor station since it was first proposed in 2016.The reset …

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Compressor deflates Highland tax rate

Posted

ELDRED, NY — Tax benefits may be offsetting some of the local environmental concerns that plagued the Millennium Gas Pipeline compressor station since it was first proposed in 2016.

The reset came as the Town of Highland on November 6 adopted its $2,176,344 budget for 2020.

Town spending increased by $253,326 (13 percent) but as the compressor station hit the tax rolls the taxable value of the town jumped from $333.2 million to $422.7 million, a 27 percent increase.

Supervisor Jeff Haas said the corresponding property tax rate dropped 11.65 percent.
Haas said the spending increase would allow the town to pay off the remaining debt on the new highway building, as well as help to complete the proposed new salt shed.

Additionally, the town chose not to fund an unexpended balance line, which he felt is an unnecessary burden on the taxpayers.

Town of Highland, compressor station, Millennium Pipeline

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