Tax Abatement Bill Passed in State Assembly

Despite Healy's objections, the state assembly passed a bill limiting abatements to 10 years. 20 years has been the norm here.

Despite living in a condo that has lower taxes because of an abatement, I support this measure. When the big developers pay their 'payments in lieu of taxes,' a common abatement measure, the city does not have to share the money with local schools.

And we wonder why our local public schools are so poor.