Close To A Deal On Walmart Tax Break In Geneseo

GeneseeNow —  Tuesday, April 22, 2014

Wheeling and dealing over taxes with Walmart.

The town of Geneseo has been negotiating with the chain over the tax assessment. The town says the store’s tax value should just over $15 million. But after some back and forth, it appears the town will lower the value of Wally World to $13.2 million for the 2015 tax year. The deal means less money for the town with the school district taking the biggest hit — losing nearly $21,000.