“It’s perfectly valid to value income in business assessments,” Lewis said. “We’re going to take all this information and evaluate it.”
Supervisor Thomas Scozzafava (R-Moriah) said there could be two equal businesses, and because one is thriving, that one might be assessed higher if it participated in the income survey.
Although the survey went to all commercial properties, only a few businesses are assessed based on income generated, Supervisor Roby Politi (R-North Elba) said.
“Convenience stores are not valued by the income approach. The primary thing you value by income are hotels and motels, a marina, a housing complex.”
It was not Lewis’s idea to use the income survey, Board of Supervisors Chair Randy Douglas (D-Jay) affirmed.
“She’s under a mandate to send it to all businesses. I don’t want everybody to think Charli is the big bad wolf here.”
He said all but one town in the county — Chesterfield — is in the State Reassessment Aid Program.
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