Assessment growth means lower tax rate increase projected for 2017-18

MAY 8, 2017

New information provided by the Glenville assessor’s office shows that the total tax roll in Scotia-Glenville increased by $6.9 million since last year.

That means the proposed tax rate increase in 2017-18 will be a maximum of 3.05%, instead of the 3.61% publicized previously.

With the lower projection, tax bills on a home assessed at $160,000 would increase by a maximum of $104.89 per year or $8.74 per month.

A large portion of the town assessment increase – about $4.6 million – was because of the partial assessment on the new hotel being built next to the Waters Edge Lighthouse Restaurant on Freeman’s Bridge Road.

The Board of Education sets tax rates in August once state equalization rates and final tax assessments are known.

Tax rates in Scotia-Glenville have been cut three times over the past eight years: in 2009-10, 2015-16 and the current 2016-17 school year.

Community voting on the school district’s proposed 2017-18 budget will be from 6 a.m. to 9 p.m. on Tuesday, May 16 in the high school’s B-wing gymnasium.