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New Broome County Estate Card Rewards Property Tax Credit

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Homeowners in Broome County can receive credit on their property tax bills by swiping a debit card. As a part of a "Buy Local" initiative, the Estate Card was designed to benefit Broome County residents and local businesses. The card was introduced to the community by Broome County Executive Jason Garner and Chamber of Commerce CEO Jennifer Conway on Tuesday. 

The Estate Card is a way to promote tax revenue within Broome County by increasing sales at partnering local businesses, and a relieve the burden of property tax bills in the community. 

Cardholders earn .25% rewards on any purchase, and a higher percent tax reward when shopping at participating local and online stores.

Property owners can sign up for the debit card online with no hidden fees for cardholders or businesses. Businesses will not have to sacrifice any more money than their standard transaction fees.

"In 2018, our tax revenue went up significantly," said Garner. "There are a lot of factors involved in that, but I certainly think it helps when we encourage people to buy local and other types of programs similar to this."

"The property tax burden in Broome County is higher than in other areas in the nation," said Conway.

The partnership with the Chamber comes from their support of public policy that generates economic growth and aids businesses. Conway and Garner expect many Greater Binghamton area businesses to join the program, and currently partner with Water Street Brewing Co., Aiello's Restaurante, Creative Beginnings Hair Salon, and the Professional Home Inspection Service.