Bethpage-Tribune_1982-11-11

              BETHPAGE OLD BETHPAGE PLAINVIEW
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ISLAND TREES PLAINEDGE SEAFORD
VOL. 17 NO. 31 Week of Nov. 11-17, 1982 20 cents per copy
TOBAY Adopts
1983 Budget
The Oyster Bay Town Board has adopted the
1983 budget as proposed at a public hearing held
on October 19, 1982.
Under the proposed fiscal plan, the costs
reflected in the 1982 General Town Budget
amount to $30,410,594. The General Town Tax is
levied on all properties throughout the Town.
Calling the budget "as tight as possible while
still providing all necessary Town services," Oys­ter
Bay Town Supervisor Joseph Colby said that
"the average homeowner will pay slightly less
than $5 a year more in 1983, at the new rate of 87
and 1 / 10th cents per $1.00 assessed valuation, or
only $3.22 more than he paid in 1977,"
Under the new State law controlUng,assess­ments
in Nassau County, diffefenf^'^ciasses of
property will have different tax rates. The rate
stated above is for the largest assessment class,
Class I (1,2 and 3-family homes). The rate pro­posed
for Class II (apartments) is -93 and 4/ 5th
cents; Class III (utilities) is 95 cents; and Class IV
(others) is 94 and 1 / 5th cents.
Under the budget for the Part Town(Planning,
Building and Zoning) the tax rate shows a slight
increase from WA cents per $100 assessed valua­tion
to 21 and 3/10ths for Class I. The rates for
Class II, III and IV. are, respectively, 23 and
1/ 10th cents, 23 and 2/5ths cents and 23 and
1/5th cents.
The Highway and Part Town taxes do not
apply to property located within villages.
Also contained in the budget, Colby'noted, are
the 1983 financial plans proposed by the more
than 50 special districts in the Town which pro­vide
such services as fire protection, water supply,
refuse collection, community parks, etc. Many of
these districts are administered independently by
commissioners elected at local levels, and
although State law requires those budgets to be
reflected in the Town's Budget, each special dis­trict
sets its own tax rate. These budgets were
adopted as proposed with some special district
taxes increasing, others decreasing and with some
remaining the same.
Colby pointed out that "only 5% of the tax bill
paid by residents goes to the Town (including
General, Part Town and Highway Funds), while
12% goes for local special districts. The remainder
of the total property tax bill is comprised of local
School District Taxes (57%) and 26% for such
Nassau County services as its General Fund,
Police District, Community College and Sewer
District. Nassau County and the School Districts
each prepare and adopt their own budgets."
Visit a Vet on
Veterans Day,
Nov. 11
Waste Management
Negotiations Discontinued
The Town of Oyster Bay Industrial Develop­ment
Agency (TOBIDA) announced that
negotiations, which have been conducted for
about a year with Waste Management, Inc., for a
resource recovery system to handle the Town's
refuse, have been discontinued.
In announcing the discontinuation of the
negotiations, IDA Chairman Karl Leupold stated
that the IDA has already commenced discussion
with a second corporation that is also offering
proven European technology in a plant that
could take the almost 1,000 tons of refuse
generated in the Town daily and convert it into
electricity in an environmentally sound manner.
Leupold said that termination of negotiations
with Waste Management came about when it
became obvious that it would not be fruitful to
continue, since Waste Management concluded
that it would not involve itself in the type of
equity structure for the project that was
required by the IDA.
Leupold explained that the IDA has sought
participation of private investment to allow the
project to take advantage of tax benefits that
could flow to a private investor and thereby
allow a reduction of costs to users essential so
that the system would be economically feasible.
It is regretable that these discussions have to be
terminated, but the lack of significant funding
from the State Environmental Quality JBond
Issue made it imperative that we take every
possible action to reduce project costs.
This included a requirement that private
investors make a major investment in the
project. We believe that, with another corpora-
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