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Forestville Bailout Must Lead To Dissolution

May 4, 2014
By TODD J. TRANUM - President and CEO of the Chautauqua County Chamber of Commerce

The village of Forestville is getting a temporary bailout, but leaders in the village still have a great deal of work to do. The Chautauqua County Legislature recently approved a plan that will provide a five-year, $150,000 loan to the village. Because of that loan, a tax increase that had previously been projected at over 445 percent will be dramatically reduced. The tax rate in Forestville will still likely be doubled in the coming year, but it is a significantly smaller hit than residents would have taken if the county had failed to step in.

 
 

 

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