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What if Saugerties
Property Taxes Increased as the Same Rate as Inflation?
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*CPI = Inflation
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2017 Actual
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5 Years
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5 yrs |
10 Years
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10 yrs | |
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Property Tax Levy
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2017 Levy - CPI Adjusted
from 2012
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% + or -
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2017 Levy - CPI Adjusted
from 2007
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% + or -
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Town
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$6,961,710
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$5,842,701
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19.2
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$4,826,404
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44.2
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School
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$37,190,000
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$36,864,039
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0.9
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$29,913,368
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24.3
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Highway
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$2,885,504
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$2,841,877
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1.5
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$2,952,976
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-2.3
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County
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$76,893,016
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$82,437,020
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-6.7
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$81,181,243
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-5.3
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This spreadsheet shows what 2017 property taxes WOULD HAVE BEEN if local governments held tax increases to the rate of inflation over five and ten year periods.
For example, if the Town held General Fund property tax increases to the rate of inflation over the last ten years, the tax levy would be 44.2% lower than the actual 2017 tax levy. If the town held taxes to the rate of inflation over the past five years, the tax levy would be 19.2% lower.
