For Immediate Release
March 24, 2021
Contact: Joseph Kovac (347) 350-2462 [email protected]
Staten Island Borough President Candidate Leticia Remauro Calls for de Blasio to Reconvene Property Tax Commission With New Mission of Reducing Taxes
Staten Island, NY: Leticia Remauro, candidate for Staten Island Borough President called on Mayor de Blasio to reconvene the Property Tax Commission which halted its work due to COVID closures in February of last year, and to alter its mission to include reducing property taxes in coming years. The commission’s current mission is to restructure the way taxes are assessed without reducing future revenue – something Remauro says will continue the exodus of homeowners from New York City to other states.
Remauro points to the negative economic impact property owners suffered due to the pandemic as well as the one time federal American Rescue Plan money New York City will receive to ease it’s budget shortfall, as reasons why the Mayor must and can, reduce future property taxes.
Said Remauro, “The Property Tax Commission was due to hold a hearing in Staten Island last February but suspended action due to the pandemic. In recent months Staten Islanders received property tax bills with steep increases which is sending them fleeing to other states. Since the commission has not finished its work yet, now would be the appropriate time for the Mayor to alter its mission to include reducing future property taxes – especially for Staten Island homeowners whose tax rates are higher than the other boroughs.”
“Mayor de Blasio’s reckless spending has resulted in property taxes going up year after year. Now he is dragging his feet on reopening New York City which will cause our budget deficit to increase. It’s time for the Mayor to act responsibility by reducing spending so that we can recover our community for future generations. The first step towards that goal is reducing property taxes.”