Evening News Brief
Written by Dan Fischer on October 21, 2021
Town of Batavia property owners can expect a tax rate decrease of about 12-percent next year…but that does not mean your property taxes are going down.
Town Supervisor Greg Post says the town will use about 1.1-million dollars in its fund balance to hold down the actual tax levy.
While that may sound like good news, the devil is in the details. Property assessments have gone up
That means the actual amount of money you pay out in taxes could increase even though the tax rate has gone down.
Much the same situation at the county level. County Manager Matt Landers says he expected the tax rate to do down by about 4.5 percent. But again, assessments have gone up in most towns and villages and the city of Batavia.
Student-athletes at high schools across New York State can now benefit from their accomplishments on the field.
The New York State Public High School Athletic Association changed a rule that allows them to monetize their name, image, and likeness.
But an athlete will lose their amateur status if they accept gifts, endorsements, or money connected with activities involving their team or school.
Athletes also can not appear in the uniform of their school or utilize any marks or logos.
Governor Kathy Hochul is signing legislation to ensure retirement plan security for New Yorkers. The new law requires private sector employers who don’t provide retirement plans to automatically enroll employees in the state’s Secure Choice Savings Plan. It’s a self-sufficient retirement savings program that works in the form of an automatic enrollment payroll deduction IRA. State AARP Director Beth Frankel said the Governor is empowering millions of working New Yorkers to save for a financially secure and independent retirement, while providing small businesses an effective way to attract and retain employees.
