Rensselaer County Executive Proposes Budget With Major Property Tax Cut

Money bag with percents, down arrow and miniature houses. The concept of low interest rates on mortgage loans or rentals. The percentage of real estate sales. Tax interest. Loan secured. Drop and fall

Photo: iStockphoto

Homeowners in Rensselaer County would be saving quite a bit of money next year under a new budget proposed by County Executive Steve McLaughlin. As part of his 2022 financial plan, McLaughlin is calling for a 10% reduction in property taxes which would be the largest in the county's history.

McLaughlin says that tax cut would serve as an investment in the future while also helping county clear the financial hurdles that were caused by the COVID-19 crisis.

McLaughlin has also announced plans to move the Troy Area Senior Center to a new location and to review possible replacements for other senior centers in the county.


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