By Geoff Samuels
At the Margaretville Village Board meeting last Thursday, Beth Bush, village treasurer, told the board that a large loss in revenue due to the recent re-valuation of flooded properties, as well as lower valuations for the sewer plant, would result in a steep hike in property taxes for village residents this year.
Even though this year’s budget came in at $30,000 less than last year’s, “We’re looking at a huge change…25 percent,” she told the board, as they listened in silence.