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Between 2004 and 2009, the City of Schenectady received $43 million from American Tax Funding for their unpaid back taxes. [9] However, in 2012, the City of Schenectady would not sell its liens to ATF and instead, initiated its own foreclosure action upon the 2010 and 2011 liens.
Schenectady (/ s k ə ˈ n ɛ k t ə d i / skə-NEK-tə-dee) [2] [3] is a city in Schenectady County, New York, United States, of which it is the county seat. As of the 2020 census , the city's population of 67,047 made it the state's ninth-most populous city and the twenty-fifth most-populous municipality. [ 4 ]
Mont Pleasant comprises 9.5% of the Schenectady's land area, and generates only 11.6% of the city's property tax revenue. About 26% of the neighborhood is tax exempt, which is the second lowest percentage among the city's neighborhoods. Mont Pleasant has 4,616 housing units, the most among Schenectady's neighborhoods. [5]
Woodlawn comprises 22.5% of Schenectady's land area, but generates only 17.9% of the city’s property tax revenue. [4] Woodlawn generates only about 80% of the property tax revenue expected based on land area. [5] About 17% of the neighborhood is tax exempt, which is the second lowest percentage among the city’s neighborhoods. [4]
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In 1899 Union College announced that, in order to pay off a $30,000 ($1,099,000 in contemporary dollars [3]) debt, it would sell two adjacent tracts of land.One, the College Meadow, was a 30-acre (12 ha) parcel to the west; the other, the College Woods, was 75 acres (30 ha) in size and located immediately to the east of the college.
Schenectady County (/ s k ə ˈ n ɛ k t ə d i /) is a county in the U.S. state of New York.As of the 2020 census, the population was 158,061. [2] The county seat is Schenectady. [3] The name is from a Mohawk language word meaning "on the other side of the pine lands," a term that originally applied to Albany.
Get the Schenectady, NY local weather forecast by the hour and the next 10 days.