rob on the job
April 27th, 2006, 9:28:43 AM
God, will this ever end?
I guess it's the price you must pay for the benefit of living in a Blue State.
EXCERPT:
ALBANY — As lawmakers and the governor squabbled Wednesday over whether to send homeowners property-tax rebates this fall, a report released by the state comptroller showed that local property levies soared 42 percent during the last five years.
The increase in the amount owed by property owners — from $26 billion to $38 billion — was three times the rate of inflation, according to Comptroller Alan Hevesi.
New York's local property taxes are nearly 50 percent above the national average and are the fourth-highest in the nation per capita, the study said.
"Property taxes are by far the largest and fastest-growing component of most New Yorkers' tax bills," Hevesi said in releasing the report. "Because local governments have little choice but to raise property taxes or cut services when other revenues fall short during tough economic times, this trend will likely continue."
Property-tax levies vary greatly. Nine counties, including Chemung and Tioga, had levies per household of less than $3,400 in 2005. Six counties — Putnam, Rockland, Westchester, Hamilton, Nassau and Suffolk — had local property taxes of more than $7,000.
MORE
link: http://www.democratandchronicle.com/apps/pbcs.dll/article?AID=/20060427/NEWS01/604270430
I guess it's the price you must pay for the benefit of living in a Blue State.
EXCERPT:
ALBANY — As lawmakers and the governor squabbled Wednesday over whether to send homeowners property-tax rebates this fall, a report released by the state comptroller showed that local property levies soared 42 percent during the last five years.
The increase in the amount owed by property owners — from $26 billion to $38 billion — was three times the rate of inflation, according to Comptroller Alan Hevesi.
New York's local property taxes are nearly 50 percent above the national average and are the fourth-highest in the nation per capita, the study said.
"Property taxes are by far the largest and fastest-growing component of most New Yorkers' tax bills," Hevesi said in releasing the report. "Because local governments have little choice but to raise property taxes or cut services when other revenues fall short during tough economic times, this trend will likely continue."
Property-tax levies vary greatly. Nine counties, including Chemung and Tioga, had levies per household of less than $3,400 in 2005. Six counties — Putnam, Rockland, Westchester, Hamilton, Nassau and Suffolk — had local property taxes of more than $7,000.
MORE
link: http://www.democratandchronicle.com/apps/pbcs.dll/article?AID=/20060427/NEWS01/604270430