Wednesday, December 15, 2010

PROPERTY TAXES GOING UP

Last night the Niagara County legislature adopted its $310 million budget by a vote of 12-7. The average county tax rate will increase 14 cents, to $7.49 per $1,000 of property value. The rate varies by the town and city based on each municipality’s property valuation record.

What does that mean for Gasport?

In either of our two towns it's a 1.9% increase in taxes.

Taxpayers in Hartland will pay $8.44, up 16 cents, while Royalton taxpayers will pay $7.51, up 14 cents.

According to city-data.com, the median home value in Royalton is $102,769, meaning the median increase will be $14.39. That same website says Hartland homes have a median worth of $93,307, so the typical increase will be $14.93.