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26°
Thursday, dec 26
Tag:
Property Taxes
Lifestyle
These Hudson Valley Counties Have Highest Property Tax Rates In Nation, New Study Says
Homeowners in New York and Connecticut paid some of the highest property taxes in the country last year, according to a brand new report. ATTOM Data Solutions released its 2018 property tax analysis for more than 87 million homes, announcing that single-family homeowners last year paid a total of $304.6 billion, up from $293.4 billion in 2017. The average was $3,498 per home, according to the report, which made for an effective tax rate of 1.16 percent. According to ATTOM, the report analyzed property tax data collected from county tax assessor offices nationwide at the state, metro and cou…
Business
Report Explores Why Westchester Home Values Are Getting Hit By 'Dramatic' Price Reductions
Westchester residents, many trying to avoid the hefty tax bill that 2018 promises, are finding themselves in an unforgiving buyers’ market, according to this report by TheRealDeal.com. Daily Voice recently detailed the plummeting price phenomenon in this report. It marks the fourth consecutive quarterly decline in Westchester’s home sales. Prices in Westchester fell 18 percent in the second quarter of 2018, with homes asking between $1.5 million to $3 million faring the worst, according to Bloomberg and this Crain's New York Op-Ed piece. In Scarsdale alone, prices dipped 5 percent in the …
Politics
Town Supervisor Proposes Extending Elections When Trains Aren't Running
Greenburgh Supervisor Paul Feiner suggested on Wednesday that a state law should be passed to extend elections during emergencies that shut down Metro-North commuter trains. "On Tuesday, May 15th there was a very important election around the county for School Boards and school budgets. . . . And there were some hotly contested elections for School Board in some districts," Feiner said. School budgets were defeated in Brewster and New Rochelle. "Many voters who intended to vote after they came home from work were unable to catch a train to Westchester in time to vote. Vote…
Schools
Dutchess Voters Go To Polls On School Budgets: Teacher Cuts, Security Hires
More than $1 billion in taxpayer spending on public schools is at stake on Tuesday, May 15 when local residents can vote on their school district budgets. Proposed 2018-19 school budgets, which range from Webutuck's $22.7 million to Wappingers' $231 million, would be financed by about $738 million in property taxes. With security against gun violence a priority, Beacon Schools seek to add a district chief of security; Millbrook and Webutuck both plan to hire a school resource officer. Highland's spending plan calls for three, new part-time security personnel, while Poughkeepsie's budget w…