SCHENECTADY — This cash-strapped city must come up with $4 million next year to pay the city school district its share of delinquent property taxes. Three years ago, under Mayor Brian U. Stratton, the city decided to save money by deferring the annual payment to city schools for property owners who did not pay their school taxes. The state requires a city or county to make school districts whole — because only municipal governments foreclose on tax delinquent properties...
↧