Cairo officials considering property tax breaks for resorts
Andrea Macko is reporting for Porcupine Soup Cairo officials are examining how to offer some financial relief to the hotels, boarding houses and all-inclusive destinations located within the town's borders. Cairo Chamber of Commerce Executive Director Michael Esslie has been investigating a resort tax proposal for some time and on Mon., May 3, he updated the Cairo Town Board on his findings. “It’s basically centered around the fact that we have lost a number of resorts over the past decade or thereabouts,” said Esslie. And if a resort owner is forced to sell and the property is purchased by a non-profit, it goes off the tax rolls, he noted. “We are trying to come up with a way to give a little bit of incentive or a helping hand to the resorts, especially in light of the fact that COVID came up,” Esslie explained. “Any little bit can help.” The proposal would include a partial town tax abatement, or property tax break. Esslie said he has been in conversation with the Greene County Industrial Development Agency and such a proposal is possible for the agency to engineer. He encouraged the board to meet with the IDA. “It’s worth a sit-down,” said Supervisor John Coyne. “We aren’t committing to anything; we are getting some information.” Read the full story at porcupinesoup [dot] com.