New York Post
January 7, 2005

MIKE EYES 2ND TAX REBATE

By STEPHANIE GASKELL

Homeowners will get another $400 property tax rebate this fall if Mayor Bloomberg has his way.

Bloomberg, who is up for re-election in November, said yesterday he would like to issue a second round of rebates for homeowners.

"If this city were in real trouble, of course, you wouldn't, but I do think that you will be able [to] because I think we are going in the right direction," Bloomberg said.

"It's certainly smart politics," said Democratic political consultant Hank Sheinkopf.

Bloomberg mailed out $400 checks, with his signature on them, to homeowners last fall after raising the property tax by 18 percent. The rebates cost the city $250 million.

Pat Lynch, president of the Patrolmen's Benevolent Association, was among the outspoken critics of the rebate idea.

"How can the mayor testify under oath today that the city has no money for police raises but can find surplus money for a politically expedient real-estate tax rebate?" Lynch fumed.