CHEER CHEER

RAH RAH


ONCE AGAIN, the tax base in the city FALLS !!!!!!!!!!



Here is an image of the summary page of official final 2014 assessment roll







Here is an image of the summary page of tentative 2015 assessment roll







The information was imported into a spreadsheet and here are the results.   See all the red color!    The red numbers are the amount of REDUCTION to the "renaissance" city's tax base.

But notice the INCREASE in numbers of tax exempt properties.  Is the city adding schools, adding hospitals, adding churches, adding charities?  I don't think so, but the city is adding lots of exempt properties owned by their rich political cronies and adding lots of tax foreclosures via seizure (because people CANNOT afford to pay the taxes of the rich downtown).  But even the exempt properties are FALLING in value.

So notice that the total assessed value IS FALLING BIG TIME, yet again.   And more importantly, the TAXABLE value continues to fall.







And now, remember the words direct from the BIG (in more ways than one) cheerleader.   When is the fairy tale book going to be published?

Quoted from DemocraticVoiceOfReason

Metroplex isn't a gamble -- it is a solid investment.  It has paid tremendously positive dividend to the City-County of Schenectady under its capable leadership during the past decade.

Quoted from DemocraticVoiceOfReason

The RENAISSANCE of the City-County of Schenectady continues

Nov 2014

Quoted from DemocraticVoiceOfReason

Based on the results, the only conclusion that a reasonable person can draw is that the voters in the city recognize that Mayor McCarthy and the City Council ARE leading the city in the right direction.  

Obviously proof he is NOT a "reasonable person."




May 2013

Quoted from DemocraticVoiceOfReason

Mayor McCarthy and his team are doing a great job in the city.  Keep up the good work.

Quoted from DemocraticVoiceOfReason

  I believe that this movie will usher in a new era for Schenectady and people will see it truly is the Miracle on the Mohawk that Mrs. Savage and others have created. KUDOS to our wonderful Mayor and to-die-for City Council!

Quoted from DemocraticVoiceOfReason

     …

As …. are built and occupied -- and new businesses open -- and new commercial buildings are built ---  the property tax base will expand and sales tax revenues will increase  leading to LOWER PROERTY TAXES ....

and the RENAISSANCE of Schenectady County continues.

Really?????     "...are built and occupied -- and new businesses open -- and new commercial buildings are built ---  the property tax base will expand and sales tax revenues will increase  leading to LOWER PROERTY TAXES..."

But see, the PROOF, the TRUTH, the FACTS are that the property tax base HAS NOT EXPANDED!!!!    And the property taxes have NOT been lowered!!!!!!

Quoted from mikechristine1

  And the property taxes have NOT been lowered!!!!!!
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sadly any way you look at it mine have doubled in 10 years time  

Quoted from sanfordy2

sadly any way you look at it mine have doubled in 10 years time  

Really?   How could that be possible sanford?    

Quoted from DemocraticVoiceOfReason

DEMOCRATS ACTUALLY LOWER TAXES

October 2011

Quoted from DemocraticVoiceOfReason

in 7 short years the Democrats the Democrats have DROPPED TAX RATES TO THE LOWEST POINT SINCE THE 1950's and  2011
the entire county is in an economic Renaissance -- including Downtown.

THOSE ARE THE FACTS

March 18, 2012

Quoted from DemocraticVoiceOfReason

County property tax rates are lower today -- than they were in 1970.    

Further -- my statements are FACTUAL ---   it is a FACT that county property tax rate  were HIGHER in 1970 than they are now.

Spoken like a true non-taxpayer


Gee, how come the taxes in the city are the highest around?


Maybe we should ask WHAT COUNTY?????      

I actually met someone who is under the impression that his high assessment is a good thing, because then when he goes to sell it he can ask for a higher price. I know that this stuff is complicated, but geez!

Quoted from Madam X

I actually met someone who is under the impression that his high assessment is a good thing, because then when he goes to sell it he can ask for a higher price. I know that this stuff is complicated, but geez!

??? you wonder how they ended up as homeowners to begin with?      

Quoted from sanfordy2

??? you wonder how they ended up as homeowners to begin with?      

With people, i.e., voters,  in the city who are that ignorant, no wonder the city has an incompetent mayor who appoints unqualified people to be department heads.  

did anyone bother to find out what is the 'bulk' of the taxes are collected for?
...that is in the ENTIRE COUNTY...ROTT., NISKY, DUANS, GLEN!!!

EXACLTY WHERE DOES THE BULK OF THE TAXES COLLECTED GO FOR?

Quoted from bumblethru

did anyone bother to find out what is the 'bulk' of the taxes are collected for?
...that is in the ENTIRE COUNTY...ROTT., NISKY, DUANS, GLEN!!!

EXACLTY WHERE DOES THE BULK OF THE TAXES COLLECTED GO FOR?

Unless residents of Rott, Nisky, Duans, Glen are absentee landlords, they do not pay city taxes.  This is the city tax base taking such a bit hit.  Then remember, that the "market values" shown on the CITY assessment roll are also higher than they really are.  In other words, if the city roll shows an assessment value of $121,000, the roll will show the market value of the property as $100,000.  But the truth is that the REAL market value is probably only about $80,000.  

Rotterdam's taxable value is up by just over $15 million
Glenville's taxable value is up by just under $15 million
Nisky doesn't have their 2014 assessment roll available, so a comparison cannot be made.



Now you might want to say the "bulk" is for school taxes.  However, in Schenectady city, the city tax bill will be the highest portion of the three (city, county, school).  A one-family house on a narrow lot of between 25 to 50 feet width, and 1.5 bathrooms and assessed for $150,000 (even on only really worth $100,000) will pay about $2,835 in their city portion of the bill and only $2,725 in the school bill.  Actually the $2,835 is likely higher because the water and sewer fees are higher than back in 2011, but the McCarthy will not publish the breakdown of those two bills.


Now the other "bulk" you could be talking about is bloated salaries and benefits.
                  

CHEER CHEER

RAH RAH

The mayor and his team are doing a wonderful job in the city, keep up the good work -- remember these words from the fingers of DV -- the cowardly cuckoo non-taxpayer who will NOT elaborate on how plex is a "solid investment" when the proof is that the tax base is falling


ADD ADDITIONAL REDUCTION to the assessment roll!!!!!!!!!

The Schenectady City Council approved a decrease in Galesi Group’s total assessment for 401 State St. from $2.89 million to $2.3 million, lowering the taxes on the building.