Looking At Tilcon's School Tax Payments for 2008

Tilcon owns a lot of land in the Nyack School District and I was wondering if the taxes they pay to Nyack's School District really represent the value of their holdings. Here is a partial list of the properties Tilcon owns, some information about it and the school tax paid in 2008.

1. 400 Casper Hill - Single Family on .58 acres - $1,788.26
2. 403 Casper Hill - Multi-Family on 1.1 acres - $2,855.06
3. 404 Casper Hill - Single Family on .44 acres - $5,808.78
4. 405 Casper Hill - Residential Vacant Land - 10.04 acres - $4,774.34
5. 406 Casper Hill - Single Family on .43 acres - $2,312.41
6. 407 Casper Hill - Single Family on .51 acres - $2,343.41
7. 408 Casper Hill - Single Family on .33 acres - $1,384.44
8. 409 Casper Hill - Single Family on .51 acres - $2,528.23
9. 410 Casper Hill - Vacant Land - 1 acres - $897.46
10. 425 Casper Hill - Single Family on 6.9 acres - $4,500.80
11. 407 Storms Road - Single Family on 1.6 acres - $5,377.12
12. 421 Storms Road - Single Family on 1.84 acres - $1,742.63
13. 423 Storms Road - Residential Vacant Land - 5.6 acres - $945.93
14. 425 Storms Road - Single Family on 1.1 acres - $2,004.09
15. 498-500 Mountainview Avenue - Residential Vacant Land - 8.4 acres - $1,328.25

Comparatively, many of these taxes seem low. Some seem right. As they are corporate-owned there is no STAR exemption applied, so these amounts represents taxes based on full valuation. Many of these valuations are substantially below market. This seems a bit unfair to other School District taxpayers who pay more to make up for the low taxes paid by Tilcon.