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Saratoga Springs schedules comprehensive budget hearing; council reviews proposal to repeal tax-collector discount
Summary
The council set a public hearing on the 2026 comprehensive budget and discussed a proposed local law to repeal a tax-collector discount the finance office says costs the city roughly $378,000 annually; staff presented a conservative estimate of $260,000 in potential additional revenue if repeal moves forward.
The Saratoga Springs City Council scheduled a public hearing on the 2026 comprehensive budget and discussed a proposed local law to repeal section 4.10.4 of the City Charter, the provision that allows tax-collector discounts.
Finance staff told the council the discount currently reduces the city's receipts by about $378,000 in a typical year and presented a conservative alternative estimate of roughly $260,000 in additional revenue if the discount is repealed and the city instead used short-term tax anticipation notes that…
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