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Quaker Ridge Golf Club to Receive Large Tax Refund

QuakerRidgeGolfQuaker Ridge Golf Club will receive a tax refund of more than a half a million dollars from the Scarsdale School District as a result of a certiorari settlement that was finalized on November 18, 2013. The golf club contested their assessment from the years 2007 to 2013 and the N.Y.S. Supreme Court ordered the district to refund the club $519,698 as a result of a change in the capitalization formula that was used to compute assessments for golf courses. In a similar case on Long Island the assessment for the Hempstead Country Club was determined to be almost half of the value on which it was taxed for the years 2006 through 2009. This new capitalization formula was applied to the Quaker Ridge Golf Club and substantially reduced the club's assessment for 2007 through 2013.

Though the Scarsdale School district holds funds in reserve for tax certiorari, their estimate for the Quaker Ridge Golf Club case was only $136,838, leaving a budget shortfall of $308,000. When the district learned about the settlement in November 2013, it was too late to adjust the reserve fund which was finalized in June, 2013.

A resolution regarding the settlement was included in the agenda for the January 10, 2014 meeting for the Scarsdale Board of Education. Payment to the club will be taken from the district's general fund. Purvis told Scarsdale10583 that in some cases if the district needs to raise taxes to cover the expense of a legal settlement, the expense is exempt from the tax-cap calculation. However, in this case it is not.

In a discussion of district reserve funds at the January 27 meeting of the Scarsdale Board of Education, Board member Bill Natbony asked if there would be any further ramifications from this case. Will other golf courses follow suit and file for tax refunds? That is yet to be seen.

Comments   

0 #3 Budget Reader 2014-01-30 17:29
This is why the Board of Ed keeps a reserve fund. They have the money to pay for this no problem. They will probably want to raise taxes more to replenish the fund, but the money is there.
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0 #2 j 2014-01-29 21:39
No ill will toward QR golf club. But agree something's broken if the Village is out negotiating settlements with the School District's money and the School District is sleeping at the switch.
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+2 #1 The Clone 2014-01-29 12:19
The "needy" members of the Quaker Ridge Golf Club really caught a break on this one. This litigation was handled by the Village. Unfortunately, the School District didn't monitor this case closely enough. The settlement was based on the valuation method used in the Hempstead Country Club case, which was affirmed by the Appellate Division. However, the court noted that the valuation method it affirmed and the alternative method were both valid methodologies depending on the specific facts of each case. I wish the Village had more aggressively litigated the Quaker Ridge case and extracted a better settlement. And the School District, which had a lot more to lose than the Village, should have been more active and should not have been caught blindside by this lousy resolution. Maybe the Quaker Ridge Golf Club will consider a nice donation to the new Educational Foundation and do something useful with its windfall?
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