Eighteen months ago, Mayor Bramson touted a $2 million surplus from New Rochelle development on his bi-weekly radio show on WVOX. I challenged Bramson on air and on Talk of the Sound; he NEVER responded to verify his claim so I challenged Bramson again. For various reasons, Mayor Bramson was not on air for a total of six weeks, missing three consecutive shows. Bramson was humiliated because he had the wrong number of school children from Avalon 1 & 2 in his computations. I applied the exact number, obtained through FOIL, in my calculations while the Mayor of New Rochelle had “official” misinformation.
This past Tuesday on his bi-weekly show Mayor Bramson updated his figures and now proclaims a $7.5 million net benefit from New Rochelle development. Bramson couldn’t substantiate his original figures and the revised figures amount to nothing more than political propaganda in an election year. Using the current 2011 tax levy Avalon 1 & 2 should pay $10,042,821 in total for City, School & Library taxes. The breakdown is:
City tax $2,136,444
School tax $7,728,762
Library tax $177,615
This is a snapshot, only one year, of a 30-year tax abatement that will handcuff New Rochelle’s future for our children and grandchildren. These bare bones figures, which do not include the impact of the two parking structures, the number of students in the New Rochelle School System (awaiting a FOIL response) or the added strain on police, fire, sanitation and other city services. I am not including abatements granted to New Roc City (both current & pending) or Trump/Cappelli.
With a $10 million tax burden plus the number of school children on the taxpayer, Mayor Bramson would have to prove a gross benefit of about $20 million to realize a net $7.5 million benefit.
Bramson touts a $7.5 million net benefit from New Rochelle development and New Rochelle utilized $4.5 million in one-time revenue from the sale of Avalon 1 to balance its 2011 budget yet New Rochelle has no money to remove snow properly or to maintain two bathrooms at the New Rochelle train station and if New Rochelle doesn’t receive a SAFER Grant six firefighters face termination come June.
If you believe Bramson’s tomfoolery you may be interested in purchasing a bridge in Brooklyn.
*Figures calculated from tax information received from the New Rochelle assessor’s office & property values on the New Rochelle Property Portal
This article is the first article in a series.
- As New Rochelle’s 2011 Mayoral Election Looms, Bramson Ratchets Up Phony “net benefit” Claims for Downtown Development (Part I)
- Bramson’s Unsubstantiated Claims of New Rochelle Development Debunked (Part II)
- New Rochelle Mayor Bramson’s Voodoo Development Claims (Part III)