Amended state law helps municipalities with sudden and severe drop in valuation
Jay lost $600,000 in state revenue-sharing because it used undesignated funds to cover its lower valuation.
Source: sunjournal.com
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Jay lost $600,000 in state revenue-sharing because it used undesignated funds to cover its lower valuation.
Town Manager Shiloh LaFrenire said state projections for Jay's 2024-25 revenue-sharing is nearly $1 million more than last year.
Town Manager Shiloh LaFrenire said state projections for Jay's 2024-25 revenue-sharing is nearly $1 million more than last year.
The town had applied to the state for relief through Sudden and Severe Disruption of Valuation program.
The town had applied to the state for relief through Sudden and Severe Disruption of Valuation program.