Wednesday, December 28, 2016

Property Tax Summary for Village of Saugerties Property Owners - 2007 to 2017

Tax Bill
$200,000 assessment

2007 Bill

2017 Bill
$ Increase
% Increase
Ave. Increase

CPI**
Town A
$500*
$802
$302
60.3%
6.0%
1.67%
Village
$1,478
$1,272
-$206
-13.9%
-1.4%
1.67%
Ambulance
$51
$82
$31
60.9%
6.1%
1.67%
Library
$38
$113
$75
197.9%
19.8%
1.67%
County
$752
$871
$120
15.9%
1.6%
1.67%
School
$2,267
$3,429
$1,162
51.3%
5.1%
1.67%
TOTAL
$5,085
$6,569
$1,483
29.2%
2.9%
1.67%
*Estimate
**CPI is the average rate of inflation from 2007-2016.

The average Village homeowner is paying $1,483 more in taxes compared to ten years ago.

NOTE - Highway & Fire Prevention services are included in the Village budget.  The Police Merger occurred in 2011 & Village residents are billed from the town wide General Fund. 

Tuesday, December 27, 2016

How Much Have Saugerties Property Taxes Gone Up in the Last Decade?

Town & County property tax bills will be hitting Saugerties mailboxes soon & below is a table and charts showing town wide property taxes in 2017 as compared to 2007.

The table shows how much property taxes a typical Saugerties homeowner  outside the Village ($200,000 assessment) paid in 2007 and 2017.  Village taxes and special districts are excluded - except for the Library & Diaz Ambulance which are assessed town wide.  The average annual rate of inflation from 2007 to 2016 is 1.67%.  

The average Saugerties property owner (outside of Village) is paying $1,763 more in town wide taxes since 2007.

Non-Village Resident
Tax Bill
2007 Tax Bill
2017 Tax Bill
$ Increase
% Increase
Ave. Increase
CPI**
Town A&B
$531.26
$838.27
$307.00
57.8%
5.8%
1.67%
Highway
$344.29
$412.66
$68.37
19.9%
2.0%
1.67%
Ambulance
$50.78
$81.68
$30.90
60.8%
6.1%
1.67%
Library
$38.04
$113.31
$75.28
197.9%
19.8%
1.67%
County
$751.83
$871.33
$119.50
15.9%
1.6%
1.67%
School
$2,266.68
$3,428.53
$1,161.85
51.3%
5.1%
1.67%
TOTAL
$3,983
$5,745.78
$1,762.89
44.3%
4.4%
1.67%
* Note - The 2017 Library totals include a charge of $53.31 for the New Library Bond.
**CPI is the average rate of inflation from 2007-2016.


The charts show the percentage breakdown of the total town wide property taxes paid by category.