Possibly one of the most significant points of interest to Ulster County and the Kingston Consolidated School District (KCSD), is the long-term revenue gains that will be realized if the Kingstonian project is approved and built. With a total net tax gain to Ulster County of nearly $66 Million and over $40 Million to the KCSD over a 50-year period, the Kingstonian provides an extraordinary tax revenue opportunity.
Take a look at the attached tax benefit informational document, it provides a clear comparison of the tax revenues generated at 25, 30- 40- and 50-year markers for both scenarios “with” and “without” the Kingstonian.
Leave A Comment
You must be logged in to post a comment.