The Town of Wallkill in Orange County could face a 64% property tax increase to generate enough revenue to stay solvent.
Town Supervisor Frank DenDanto said in January, the accounting department flagged that the town had run out of funds to make payroll. DenDanto said the town board was aware the town had been mismanaging its funds for years.
“They fraudulently put forward that the cost of the town was $43 million when in fact, the actual cost of the town was $54 million,” DenDanto said…