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David Silipigno Challenged The City's Assessment PowerPoint Presentation
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David Silipigno Challenged The City's Assessment - PowerPoint PPT Presentation


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David Silipigno, a successful businessman from Saratoga Springs was in news for taking legal action against the city.

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Presentation Transcript
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David Silipigno, a successful businessman from Saratoga Springs was in news for taking legal action against the city on his Saratoga residence. He recently challenged the city for charging him double the actual assessment for his 20,800-square-foot home at 36 Stony Brook Drive. He had to face a lot of criticism and humiliation for doing so because the city did not want him to bring this in front of the judge as it was very well aware of its consequences.

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In 2008, David Silipigno challenged the city's assessment claiming that he was charged double the amount of what the actual assessment was. With the aim of settling this property tax case, the City Council voted in executive session on July 20 for authorizing Mayor Scott Johnson who assessed his home at a total value of $4.4 million, of which $3.6 million is taxable.

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The city later on settled for less than half the original assessment. According to a report, the city will be paying David Silipigno $23,149.64 for overpayments in 2009 and 2010. Apart from this, David will not be required to make payments for the last two quarters of this year.

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In an interview about this property tax case, David Silipigno was quoted saying that the commissioner had no intentions of settling this case until he was backed into a corner where he did not have any other choice but to settle for less than half the original assessment. He said that the commissioner was waiting for paper work, which according to Silipigno was just a poor face saving attempt.