Property owners in the Deposit Central School District will get some extra time to pay their school taxes under an extension approved this week by Governor Andrew Cuomo’s administration.
The extension, approved through the state Department of Tax and Finance, allows taxpayers to take up to 21 additional days to pay their bills without fear of added interest or penalties.
The new due date would be October 21, 2011.
The district applied for the extension in an effort to ease the burden on local residents.
Hit hard by both Hurricane Irene and Tropical Storm Lee, many residents in Deposit and surrounding communities are still struggling to get their lives and property returned to normal.
It's not just Deposit included on the extension. Here's a list of all local school districts requesting extensions:
“We understand the impact of these storms economically and physically. Many people were affected,” said Deposit Central School District Superintendent Edward Shirkey. “In my opinion, this is the least we can do to help out.”
While the delay in tax collections will put a strain on district cash flow, Shirkey said adjustments can be made to offset the shortage without serious repercussions. “We can make it work,” he said.