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Date Posted: 11:29:40 03/25/11 Fri
Author: from the other board
Subject: Hadley

Posted: Friday, March25, 11:10:am
Author: ScamBot
Subject: Oops! Hadley "Miscommunicated" $1.2million

Seems Hadley is saying that the city "misunderstood" the reporting requirements from the state and we are now $1.2million short. That translates to roughly a 12% tax increase. Add that to the expected 24% plus the loss of assessed value of Newburgh properties and we're talking a baseline tax increase for 2012 at 36%. Isn't wonderful we're paying this "expert" for all his valuable miscommunication skills!

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