Sen. Gaughran on LIPA tax battle: 'It's going to impact school districts, property taxes'

More than 100 residents from the Town of Huntington attended a town hall meeting Saturday to review the ongoing legal battle regarding LIPA’s pursuit of large, immediate tax cuts.

LIPA has argued that the town grossly over-assessed its power plant in Northport and that it's overpaid millions of dollars in taxes over the years as a result. The agency says it paid more than $82 million in taxes last year for the Northport Power Plant, but should have paid a fraction of that.

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