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Saratoga Springs council votes to repeal March tax prepayment discount to shore up revenues
Saratoga Springs City Council · November 5, 2025
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Summary
Council approved Local Law No. 9 (2025), repealing the charter's 2.25% prepayment discount for taxes paid on or before March 1; staff estimated elimination would reduce the discount cost by roughly $280k–$375k and add revenue toward balancing the 2026 budget.
The City Council voted 5–0 on Nov. 5, 2025, to approve Local Law No. 9 of 2025, which repeals the charter provision that allowed a 2.25% discount for the payment of quarterly city and county taxes on or before March 1. Finance staff told the council the discount cost translates into roughly $280,000–$375,000…
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