Guest Column
Exemption 101: What real property is taxable and what is exempt in Riverhead
Riverhead assessor Laverne Tennenberg explains how property tax exemptions work. About 25% of the property value in the Town of Riverhead is exempt from taxation, shifting the tax burden onto all remaining taxable properties.
News
Thiele: IDA reform a priority for State Legislature this session
Assembly Member Fred Thiele, who chairs the Assembly's local governments committee, says his committee is reviewing more than a dozen bills directed at IDA reform. “We are looking to develop a package of legislation for later in the session," he told RiverheadLOCAL.
Business
As school funding runs dry, Riverhead residents call to shut down economic development org
A growing local faction is demanding that the Riverhead Industrial Development Agency be dissolved.
Letters
Citing ‘extreme financial burden’ on school district from tax exemptions, RCSD asks the town IDA to voluntarily stop exempting school taxes
Citing the loss of more than $15 million in tax revenue over the past decade — $2.7 million in 2022 alone — Riverhead school district officials say 'enough is enough.'
Government
Teachers, school district officials and state lawmakers take a stand against IDA school tax exemptions
According to data reported by the Riverhead IDA to the state comptroller, net school property tax exemptions granted by the IDA in the decade from 2013 to 2022 totaled more than $15 million.
News
State lawmakers’ bill would allow towns to increase veterans’ property tax exemptions by almost 40 percent
The nearly 40 percent increase in allowable exemptions don't take effect unless approved by the Riverhead Town Board.
