Tagged: property taxes

A new report shows Schenectady and Gloversville rank among cities with the highest property tax rates in New York.  A study published this week by the fiscally conservative Empire Center for New York State Policy ranks the Mohawk Valley city of Gloversville the highest-taxed of 75 cities in the state, with an effective rate of $52.40 per $1,000 of a property's value.

The city of Springfield is seeking an exception to Proposition 2 ½ , the Massachusetts property tax cap law, when it comes to casinos.

   An $800 million resort casino could mean tens of millions of dollars annually in additional property taxes for Springfield.  But Mayor Domenic Sarno said the city will not get the full financial benefits from a casino development unless a change is made to Prop 2 ½.

The Vermont House has advanced legislation that would bring a sharp increase in the statewide school property tax rates.

Wednesday's debate concerned a 5-cent increase in the statewide residential property tax rate, to 94 cents per $100 of a home's value.

For communities in the Berkshires it’s the time of year when local governments determine their tax rates, and many this year are seeing their taxes go up while property values go down. WAMC’s Berkshire Bureau Chief Lucas Willard reports…

North Adams Mayor Richard Alcombright said he’s predicting that residents of the small Berkshire city could see their taxes rise 3% this year – but he says his cities tight fiscal situation is not uncommon right now.

Property tax bills for a majority of  homeowners and business owners in Springfield Massachusetts are expected to be lower in 2013.  But the reason won’t make most homeowners happy. WAMC’s Pioneer Valley Bureau Chief  Paul Tuthill reports.