What I am saying, how can any entity sustain itself when the very policies, in this case property taxes but now becomes an exemption due to the hopeful advantages that seldom materialize.Other entity being exempt are regulated by State and Federal laws. Hobart has taken unfair advantage of this law by buying up previously privately owned property but so has other entities. Two of the nicest homes on Maxwell Ave. a few years back were owned by a local church & the experimental station....tax exempt. A remedy may call for State and Federal exemption rules to be change because of the damages being realized not just for Geneva but all across the country.



http://www.osc.state.ny.us/localgov/pubs/research/propertytax_exemptions.pdf