GOP report: Some multimillion-dollar homes in Nassau excused from property taxes

The report says a collection of homes valued as high as $4 million are listed as tax free under their property costs.

News 12 Staff

Jul 19, 2021, 10:27 PM

Updated 1,157 days ago

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A new report released by the Republican majority in the Nassau County Legislature finds that some multimillion-dollar homes have been excused from property taxes.
The report says a collection of homes valued as high as $4 million are listed as tax free under their property costs.
Lawmakers say it's another example of inequity on the Island.
"County Executive Laura Curran continues to stand up in front of the people of Nassau County and say that this was the most fair and transparent reassessment that's ever been done, when the facts tell us otherwise," says Legislator Steve Rhoads.
The findings come as 65% of Nassau homeowners are facing tax hikes under the new reassessments.
A spokesperson for Curran released a statement that said in part, "Some properties identified today exploited the extremely inaccurate home values of Ed Mangano's broken system, a law-imposed 6% cap on increases to property assessments and frequent grievances."