{"id":2582,"date":"2010-09-03T07:54:16","date_gmt":"2010-09-03T11:54:16","guid":{"rendered":"http:\/\/blogs.northcountrypublicradio.org\/inbox\/?p=2582"},"modified":"2010-09-03T07:54:16","modified_gmt":"2010-09-03T11:54:16","slug":"morning-read-soaring-pension-costs-will-drive-up-north-country-property-taxes","status":"publish","type":"post","link":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/2010\/09\/03\/morning-read-soaring-pension-costs-will-drive-up-north-country-property-taxes\/","title":{"rendered":"Morning Read:  Soaring pension costs will drive up North Country property taxes"},"content":{"rendered":"<p>The <a href=\"http:\/\/www.timesunion.com\/local\/article\/Pension-fund-drop-tax-rise-642726.php\">Albany Times-Union is reporting<\/a> this morning that a drop in New York&#8217;s state pension fund will force local governments to hike property taxes.<\/p>\n<blockquote><p>Mandatory pension contributions for the state as well as  municipalities &#8212; including cities, towns and counties &#8212; will jump 37  percent within two years thanks to a drop in the value of the  recession-battered pension fund, Comptroller Thomas DiNapoli said\u00a0Thursday.<\/p>\n<p>And that likely means higher property taxes, deep cuts, or a combination of the two are just around the\u00a0corner.<\/p>\n<p>&#8220;Unfortunately,  it takes the economy a lot longer to climb out of a hole than it takes  to fall in it,&#8221; DiNapoli said when he announced the  rising\u00a0contributions.<\/p><\/blockquote>\n<p>Read the full article <a href=\"http:\/\/www.timesunion.com\/local\/article\/Pension-fund-drop-tax-rise-642726.php\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Albany Times-Union is reporting this morning that a drop in New York&#8217;s state pension [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/posts\/2582"}],"collection":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/comments?post=2582"}],"version-history":[{"count":1,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/posts\/2582\/revisions"}],"predecessor-version":[{"id":2585,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/posts\/2582\/revisions\/2585"}],"wp:attachment":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/media?parent=2582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/categories?post=2582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/tags?post=2582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}