Quote:
Originally Posted by fatlazyless
That is debatable ....... with 43-acres and one mile of waterfront ....3 Mile Island supposedly pays $20,000/year in annual payment in lieu of property taxes.
Myself and three neighbors occupy just over one acre total on the waterfront, about 1.1-acre, with 240' waterfront, divided up by four owners, and we pay about $37,000/year total.
3-Mile Island is getting a super duper, steal of a deal!
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It's not a payment in lieu of property taxes. It's a property tax payment. And if you had enough land to qualify for the state's current use property tax reduction, you might also get the same super duper, steal of a deal.