Unlike the Town of Cortlandt and the Hendrick Hudson School District—which is set to take a huge tax hit from the 2021 closing of Indian Point Energy Center—the City of Peekskill and Peekskill City School District taxes will not be affected, according to Peekskill Comptroller Ann Scaglione.
“Entergy does not effect the City of Peekskill taxes or the Peekskill School taxes,” Scaglione told Mayor Frank Catalina via email Monday morning. “There is an impact on the Hendrick Hudson School tax.”
A small portion of Peekskill is located within the 17,000-resident Hendrick Hudson School District, and Hendrick Hudson Superintendent Joe Hochreiter says one-third of the annual revenue of that school district comes from Entergy.
“When $23.3 million in revenue is taken from us, or $23.7 million next year—which is 30 percent of our operating budget—our kids and our community and their property tax is at risk. More importantly, their property value is at risk,” Hochreiter said at a Monday afternoon press conference held by County Executive Rob Astorino in Tarrytown.
Others in attendance included Catalina, Cortlandt Supervisor Linda Puglisi and county legislators John Testa and Francis Corcoran.
Puglisi said that close to half of the Village of Buchanan’s annual tax revenue comes from Entergy as does 2 percent of the Town of Cortlandt’s.