They may not be making many gloves anymore in Gloversville, but city and local school officials have their hands out — collecting some of the highest property taxes in the state when the rates are compared to home values. That's based on a survey released Wednesday by the Empire Center, which follows taxation and government spending issues.
Gloversville's property taxes run $52.40 per $1,000 of home valuation.
So if that home fits the median home price of $110,000 in surrounding Fulton County, where Gloversville is located, the annual school and property tax bill would be $5,764, according to the survey.
Schenectady led the high-tax list in the immediate Capital Region with a rate of $40.93 per $1,000.
The 2012 tax rates that apply to the CITY of Schenectady are as follows:
County tax rate $ 6.69 City tax rate 13.34 School tax rate 2012-13 21.53
Total combined tax rate $ 41.56
Funny how the dems in Schenectady REFUSE to publish the CURRENT tax rates. The setting of the tax rates doesn't even appear in the adopted budgets. The current tax rates are NOT listed on their respective websites under logical departments. The school district does however have the rates included in their board minutes.
Then of course, this story does NOT include all the fees which add to the tax BILL.
And that median home value in there. W R O N G !!!!!!!!!!!!! Median home values in Schenectady CITY is nowhere near $163,000. That could be a median within the county because Nisky homes are decent value and most of Glenville is decent, etc.
Optimists close their eyes and pretend problems are non existent. Better to have open eyes, see the truths, acknowledge the negatives, and speak up for the people rather than the politicos and their rich cronies.
No, nor the water. In addition we are overvalued by about 30-40% in general on assessments.
The azzholes at the Pravda Gazetto make it look like Toga is so expensive to live when in fact the average there is $5100 for taxes and the average here is 4100 for taxes (NOT inclu sewer, H2O and GARBAGE FEE!), but in REAL LIFE (which demoCRAPS are allergic to) the house with that same assessment in Saratoga is probably really worth DOUBLE THAN A HOUSE IN SCHIT CITY, USA. If a house is assessed there for 120, it is prob worth $150, and if the house in SCHIT CITY is assessed at $120, it is probably really worth $75 (IF you are lucky)
"While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat."
The assessment on the house is $217,000 but with the 62% equalization rate that's a home value of about $350,000. Taxes are $7200 per year.
If this house was in Schenectady, taxes would be about $20,000 per year and the home value would be falling.
Even in suburban Schenectady, houses similar to this in the towns, in western Rotterdam comparable houses are worth less than $300,000 and taxes probably $10,000 or more.
Optimists close their eyes and pretend problems are non existent. Better to have open eyes, see the truths, acknowledge the negatives, and speak up for the people rather than the politicos and their rich cronies.
Even if the houses were worth the same amount, in Schenectady our taxes do not go for things of value to the taxpayers. It is my observation that people willingly pay high taxes to live in nice places. I don't mind paying for the kids to go to a nice school, I do mind paying a lot of money for a school system that ignores the wishes of the better parents, causing them to move away. Our parks are not maintained, our roads are deplorable, we pay for things we don't get.
Even if the houses were worth the same amount, in Schenectady our taxes do not go for things of value to the taxpayers. It is my observation that people willingly pay high taxes to live in nice places. I don't mind paying for the kids to go to a nice school, I do mind paying a lot of money for a school system that ignores the wishes of the better parents, causing them to move away. Our parks are not maintained, our roads are deplorable, we pay for things we don't get.
Over one third of all property taxes goes to pay for former employees benefits and pensions.
Another third pays for fire and police.
The remaining third, using up another 15% pays for governmental administration of how to spend the remaining 15%
I love when they make themselves look as stuipid as they are and say "you can get an awful lot of house in Schitnecktitty for the money."
Yeah, why is that?
B/c the taxes are so high and the quality of life so low that no one will pay the real value of the house
"While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat."
One thing that people have forgotten about during the 'bubble', and younger people seem unaware of, houses are an asset that depreciates if you don't put money into it. The value is not in the building, it is in the land under it. What determines the value of the land? Three things - location, location, and location. You can get "a lot of house for the money" in many, many urban wastelands. We have some houses in my neighborhood in the bungalow style that is all the rage due to the many house and garden type television shows and magazines. These house sell for up to a million dollars in some California neighborhoods, if you can find one that hasn't been remodeled poorly, I'm not kidding. How many million dollar houses do we have around here, in any neighborhood? So that statement about a lot of house is really meaningless.
Another thing i've noticed, all this talk about houses "selling well", it has encouraged people to re-list some houses they couldn't sell before, and othersto put their houses on the market for the first time. One house gets sold, three more take its place.
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