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Robert Stolarik for The New York Times
Kathy Barisciano in her damaged home in Ortley Beach, N.J.

By ALISON LEIGH COWAN
Published: January 24, 2013

Localities across the New York region, already reeling from the cost of cleaning up from Hurricane Sandy, are confronting the prospect of an even bigger blow to their finances: a precipitous decline in property tax revenues.

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