With a settlement or judgment pending on LIPA’s tax challenge lawsuit against the Town of Huntington, here’s a look at the financial details of the town budget.
LIPA picks up the tab for National Grid’s Northport power plant’s property taxes. Currently, it pays roughly $86 million. The majority of the revenue, $56 million, funds the Northport school district. But that’s only part of the situation. All town operations will be potentially impacted by the outcome of the case.
Here’s a breakdown for the 2019-2020 budget:
Levy No | Levy Desc | Levy Type | Exempt | Taxable Val. | Tax Rate | Taxes |
sc004 | School Dist – Northport | School District | 140000 | 30093050 | 187.382 | $56,388,958.95 |
ld004 | Library Dist – Northport | Library District | 140000 | 30093050 | 12.532 | $3,771,261.03 |
d006 | County | County District | 140000 | 30093050 | 2.711 | $815,822.59 |
d008 | County Police District | Police District | 140000 | 30093050 | 43.854 | $13,197,006.15 |
d096 | Out of County Tuition | Town District | 140000 | 30093050 | 0.933 | $280,768.16 |
d007 | Town/Pt.Town | Town District | 140000 | 30093050 | 15.393 | $4,632,223.19 |
d009 | Highway Tax | Highway | 140000 | 30093050 | 11.77 | $3,541,951.99 |
d020 | Lighting Dist. -Town Wide | Light District | 140000 | 30093050 | 1.197 | $360,213.81 |
d005 | NYS Real Property Tax Law | County District | 140000 | 30093050 | 5.041 | $1,516,990.65 |
d022 | Open Space | Open Space | 140000 | 30093050 | 0.464 | $139,631.75 |
d023 | New York State MTA Tax | County District | 140000 | 30093050 | 0.149 | $44,838.64 |
d039 | Fd – Protection Dist #1 | Fire District | 140000 | 30093050 | 4.38 | $1,318,075.59 |
Information obtained from the Town of Huntington