Tag:

Property Tax

Columbia Greene

Real Estate

$25M Silvernails Farm With Sauna, Wine Cellar Most Expensive Capital Region Home On Market

$25M Silvernails Farm With Sauna, Wine Cellar Most Expensive Capital Region Home On Market

$25M Silvernails Farm With Sauna, Wine Cellar Most Expensive Capital Region Home On Market If your must-haves include an infrared sauna, three fireplaces, and over a half dozen horse stables, this could be the home for you. Silvernails Farm – located in the Columbia County area of Silvernails – is currently the Capital Region’s most expensive home on the market with a whopping $25 million price tag. Situated on 127 acres at the confluence of the Roeliff Jansen Kill and the Shekomeko Creek, the estate boasts 7,500-square-feet of living space, including four bedrooms and five bathrooms. Interior of Silvernails Farm. Compass Real Estate “The recently completed 7,500sf main…

by Michael Mashburn

12/20/2023

Brookfield

Politics

Lamont Proposes Series Of Tax Cuts For CT Residents

Lamont Proposes Series Of Tax Cuts For CT Residents

Lamont Proposes Series Of Tax Cuts For CT Residents Connecticut Gov. Ned Lamont unveiled his first package of legislative proposals for the 2022 regular session, including a series of tax cuts to provide relief for residents. With the state projected to be operating on a near $1.5 billion surplus, the Democratic governor announced his first package of proposals, which includes $336 million in tax cuts if approved. “The governor said that he is proposing the tax cut package as the state is projecting an operating surplus of $1.48 billion, which will enable a significant reduction in the one-time revenues built into the enacted budget and will…

02/02/2022

Somers

Schools

Trump Forces Northern Westchester School District To Subsidize Golf Course, Report Says

Trump Forces Northern Westchester School District To Subsidize Golf Course, Report Says

Trump Forces Northern Westchester School District To Subsidize Golf Course, Report Says Former President Donald Trump’s wheeling and dealings have reportedly left a New York school district in a lurch. For years, the Trump National Golf Club Westchester in Briarcliff was the subject of a battle with the local government over its property tax bill, where the property’s value was inflated by the Trump Organization as part of a scheme that is being investigated by the Westchester District Attorney and New York Attorney General. Earlier story - NY Attorney General Subpoenas Donald Trump In Civil Fraud Inquiry Into His Business Practices Following a victory in court in the summer …

01/10/2022

Armonk

News

Court Dismisses Legion Of Christ Lawsuit Against Northern Westchester Town

Court Dismisses Legion Of Christ Lawsuit Against Northern Westchester Town

Court Dismisses Legion Of Christ Lawsuit Against Northern Westchester Town A civil discrimination lawsuit filed by the Legion of Christ against a Northern Westchester town has been tossed out after a judge found no credible evidence to back their claims. The New York State Supreme Court dismissed a civil rights lawsuit filed by the religious group against the Town of Mount Pleasant over a dispute about the Legion’s former land in Thornwood. Officials said that the Legion of Christ sued Mount Pleasant for religious discrimination after the Town determined that the Legion’s undeveloped, 161-acre property in Thornwood was taxable. Related story - Thornwood Legion S…

07/22/2021

White Plains

Politics

Essential Services Won't Be Cut In 2021 Westchester Budget, Latimer Says

Essential Services Won't Be Cut In 2021 Westchester Budget, Latimer Says

Essential Services Won't Be Cut In 2021 Westchester Budget, Latimer Says Despite the economic hardships brought on by the COVID-19 pandemic, Westchester County Executive George Latimer has proposed a new budget that includes a property tax cut without cutting any essential services. Latimer said that the budget proposal will include a $15 million cut in total spending while cutting the property tax levy by $1 million for the second straight year. The tax reduction comes with no increase to the county’s sales tax, there will be no layoffs or reduction in essential services in Westchester. According to Latimer, the county was able to balance this year’s budget w…

11/10/2020

Northwest Dutchess

Politics

2021 Dutchess Budget Proposal Reduces Spending With No Layoffs Or Tax Increase

2021 Dutchess Budget Proposal Reduces Spending With No Layoffs Or Tax Increase

2021 Dutchess Budget Proposal Reduces Spending With No Layoffs Or Tax Increase Dutchess County's proposed 2021 budget reduced spending by 3.6 percent, or $18.6 million, with no employee layoffs or tax increases, according to County Executive Marc Molinaro. The $501,832,097 budget, said the release, maintains county services and programs, includes new initiatives to address homelessness and housing, and includes funding for senior services, infrastructure improvements, county parks, mental health services and even police reform measures. The government's savings were reportedly achieved by reducing the county property tax levy for the seventh consecutive ye…

by Christina Coulter

10/29/2020

DV Plus - Westchester

Politics

Taxpayers Asked To OK New $14.8 Million Fire Station

Taxpayers Asked To OK New $14.8 Million Fire Station

Taxpayers Asked To OK New $14.8 Million Fire Station Bedford taxpayers are being asked to approve a scaled-down $14.8 million bond for a new firehouse on Tuesday, Jan. 14. The vote takes place from 6 a.m. to 9 p.m. at the Bedford Presbyterian Church, 44 Village Green. A costlier version of the project was defeated by 32 votes of Bedford residents on April 30, 2019. Bedford's current fire station is 91 years old. It is wedged between the Bedford Public Library and the U.S. Post Office. The new fire station would be located a quarter-mile south of the village, by the intersection of state Routes 172 and 22, and would be about twice…

01/13/2020

DV Plus - Westchester

Politics

County Legislators Propose 52 Percent Pay Raises For Themselves: Here's Rundown Of Voting

County Legislators Propose 52 Percent Pay Raises For Themselves: Here's Rundown Of Voting

County Legislators Propose 52 Percent Pay Raises For Themselves: Here's Rundown Of Voting Have you ever received a 52 percent pay raise—from $49,200 to $75,000—in one year? That adds up to a quarter-million more dollars over a decade. That's what 10 Westchester County legislators think they should be paid each year starting next month The county Board of Legislators approved the raise this week—just three weeks after Election Day. it will be one of their final orders of business for the two-year legislative session. The raise is effective on New Year's Day 2020. In a separate, but related development on Tuesday, Dec. 10, County Executive George Latimer signed a $2.1 billion annu…

12/10/2019

Southwest Dutchess

Politics

New Dutchess Budget Has Largest Tax Cut In 20 Years, Molinaro Says

New Dutchess Budget Has Largest Tax Cut In 20 Years, Molinaro Says

New Dutchess Budget Has Largest Tax Cut In 20 Years, Molinaro Says Dutchess County’s budget proposal for 2020 will come with the largest tax cut in two decades, County Executive Marc Molinaro says. Molinaro presented the 2020 Executive Budget proposal to Dutchess County officials and community leaders at the Legislature’s Chambers in Poughkeepsie on Wednesday, Oct. 30. The proposal includes the largest property tax levy reduction in 20 years. The budget also proposes a cut to the county property tax rate for homeowners and businesses for the fifth consecutive year while expanding programs and services for all residents. “My 2020 Executive Budget provides …

by Valerie Musson

10/30/2019

DV Plus - Fairfield

Politics

Around The Towns: Green Cards, Vaping Hazards, Rising Taxes, Gun Safety, Barred From The USSR

Around The Towns: Green Cards, Vaping Hazards, Rising Taxes, Gun Safety, Barred From The USSR

Around The Towns: Green Cards, Vaping Hazards, Rising Taxes, Gun Safety, Barred From The USSR Connecticut officials estimate that as many as 200,000 residents, including tens of thousands of children on a public health care program, could be impacted by sweeping Trump Administration changes that would deny green cards to many immigrants who use Medicaid, food stamps and other public assistance. “We’re talking about the core of Connecticut’s economy and the core working people of this state that power this economy here in Connecticut,” Attorney General William Tong said during a news conference. “And this is an attack on all of them and their ability to make it work for themselves and…

08/27/2019

White Plains

Politics

Here's When Westchester Sales Tax Increase Takes Effect

Here's When Westchester Sales Tax Increase Takes Effect

Here's When Westchester Sales Tax Increase Takes Effect Shoppers in Westchester will be spending a little more after New York Gov. Andrew Cuomo signed a bill to increase sales tax in county municipalities. Cuomo signed the Westchester Property Tax Payer Protection Act on Sunday, June 30, which will increase sales tax by 1 percent - up to 8.375 - in the county’s 20 villages, 19 towns, and the cities of Peekskill and Rye. It takes effect on Aug. 1. As part of the bill, the property tax levy will remain flat for the next two years. The proposal is expected to help stabilize the county’s finances after losing its AAA rating - the highest r…

07/01/2019

Mount Pleasant

Schools

Voters Heading To Polls To Vote On School District Budgets In Westchester

Voters Heading To Polls To Vote On School District Budgets In Westchester

Voters Heading To Polls To Vote On School District Budgets In Westchester Voters will head to the polls on Tuesday, May 21 to vote on their school districts’ budget, proposed bonds and Board of Education races. In Westchester, no school districts are proposing budgets that override the cap on increasing property tax levies, a cap that was made permanent by Gov. Andrew Cuomo earlier this year. Multi-million dollar bond proposals will be voted on in four school districts - Briarcliff Manor, Irvington, Pleasantville and Somer - though there is expected to be limited tax implication. Briarcliff Manor’s nearly $3 million proposal would include a roof replacement at…

05/21/2019

DV Plus - Fairfield

Politics

Town Selectmen: Don't Balance State Budget On Local Taxpayers' Backs

Town Selectmen: Don't Balance State Budget On Local Taxpayers' Backs

Town Selectmen: Don't Balance State Budget On Local Taxpayers' Backs Don't tread on us, Ned. That's what town and city officials are telling Gov. Ned Lamont and state lawmakers in Hartford. As if the federal mortgage tax deduction cap wasn't damaging enough to Connecticut taxpayers. Now, state lawmakers are considering shifting the rapidly rising, multi-million-dollar cost of teachers' pensions to the annual property tax bill. While a state Education Committee recently scrubbed the proposal in a bipartisan vote, state lawmakers aren't ruling out bringing the proposal back if needed to help balance the two-year state budget. Until the state …

05/05/2019

Pleasantville

Lifestyle

New York's No. 1 - For Highest Taxes In Nation, According To New Data

New York's No. 1 - For Highest Taxes In Nation, According To New Data

New York's No. 1 - For Highest Taxes In Nation, According To New Data A brand-new study has revealed that New York and Connecticut are paying the highest taxes in the country. 24/7 Wall Street released the report reviewing the “total tax burden as a share of income on a per capita basis” to identify the states with the lowest and highest tax burden. Federal taxes were not included in the calculations. The study found that New York led the way as the highest taxed state in the country, with 12.7 percent of income going toward taxes. Connecticut was just being at 12.6 percent. The study’s methodology can be found here. Details from the report include: N…

03/08/2019

Clarkstown

Politics

Day Takes State Of County Speech To Palisades Center

Day Takes State Of County Speech To Palisades Center

Day Takes State Of County Speech To Palisades Center In an effort to make government more accessible to the people of Rockland County, County Executive Ed Day held his State of County speech in the middle of the Palisades Center near Macy's. But delivering his speech at the mall wasn't just to bring the government to the people, it also gave Day a chance to show off the success he says the county has undergone during his five years in office. "Coming here to the Palisades Center was not done by accident,” said Day. “Critical to the success of this county is that we continue to focus on economic development and this shopping and entertainment…

by Kathy Reakes

02/08/2019

White Plains

News

Westchester Lawyer Named President Of National Association Of Property Tax Attorneys

Westchester Lawyer Named President Of National Association Of Property Tax Attorneys

Westchester Lawyer Named President Of National Association Of Property Tax Attorneys A Westchester lawyer has been elected as the president of the National Association of Property Tax Attorneys (NAPTA). David C. Wilkes co-founded the national tax attorney association and has 14 years of leadership experience. He’s also the owner and founder of Wilkes Law Group in Tarrytown, which specializes in boutique real property litigation. Wilkes is a former chair of the Appraisal Foundation, which helps to set national appraisal standards and qualification requirements. He is a former chair of the American Bar Association Property Tax Committee and served as editor-in-chief of the mo…

by Valerie Musson

01/26/2019

Mount Pleasant

Politics

Westchester's Andrea Stewart-Cousins Makes History As New State Senate Majority Leader

Westchester's Andrea Stewart-Cousins Makes History As New State Senate Majority Leader

Westchester's Andrea Stewart-Cousins Makes History As New State Senate Majority Leader It’s official: New York Sen. Andrea Stewart-Cousins of Westchester has made political history, becoming the first woman to become the majority leader of the State Senate when she was sworn in on Wednesday. "When you think about it, not that long ago, women weren’t even allowed to walk on the floor of this chamber,” the Senator representing Yonkers said shortly after taking the Senate gavel on the opening day of the state Legislature's 2019 session. "I stand here the first woman leader of a legislative house in state history. And if we do this right, I cannot and will not be the last."&n…

01/10/2019

Clarkstown

Politics

Rockland Budget With 2.9 Tax Hike Adopted

Rockland Budget With 2.9 Tax Hike Adopted

Rockland Budget With 2.9 Tax Hike Adopted Rockland County Executive Ed Day thanked the Minority members of the Rockland County Legislature for supporting his vetoes as the county's $709 million budget with a 2.9 percent tax hike was approved. "The Majority's amended budget would have been a return to the days of speculative revenue, over-estimating sales tax revenue and a refusal to modernize county government," said Day. "In short, a budget like theirs could lead us back down the path of deficits and double-digit tax increases; a return to the sins of the past." The vetoes included Legislative amendments that: Included $3.5 mill…

by Kathy Reakes

12/19/2018

Southwest Dutchess

Politics

Molinaro Signs 2019 Dutchess County Budget Described As 'Bipartisan'

Molinaro Signs 2019 Dutchess County Budget Described As 'Bipartisan'

Molinaro Signs 2019 Dutchess County Budget Described As 'Bipartisan' Dutchess County Executive Marc Molinaro has officially signed the 2019 County Budget, which was recently approved through a bipartisan vote. The budget, which was signed Friday, Dec. 14, includes numerous changes, such as the reduction of the county property tax levy for what will be the fifth consecutive year. The budget will also include a lower property tax rate for the fourth year, from $3.54 to $3.45 for $1,000 of true value assessments. Services for veterans and seniors will be improved, as will youth program funding. The budget will also make a number of targeted investments to grow …

by Valerie Musson

12/14/2018

Clarkstown

Politics

Day Vetoes Amended $709M 2019 Budget

Day Vetoes Amended $709M 2019 Budget

Day Vetoes Amended $709M 2019 Budget Rockland County Executive Ed Day used his line-item veto power to strike down 95 amendments totaling several million dollars to the 2019 budget. In vetoing the amended budget, which tops out at $700 million, brought to him by the Democratic majority, Day said the "ill-advised amendments" would have jeopardized the county's plan to dig itself out of a fiscal hole. “The majority’s amended budget would have been a return to the days of speculative revenue, over-estimating sales tax revenue and a refusal to modernize county government,” said Day. “In short, a budget like theirs could lead…

by Kathy Reakes

12/13/2018

White Plains

Politics

Westchester Lawmakers Approve $2B Budget With Two-Percent Property Tax Increase

Westchester Lawmakers Approve $2B Budget With Two-Percent Property Tax Increase

Westchester Lawmakers Approve $2B Budget With Two-Percent Property Tax Increase The Westchester County Board of Legislators has approved a near $2 billion budget that represents a property tax hike of 2 percent. Lawmakers approved the $1.9 billion budget on Monday, with the measure quickly signed off by Westchester County Executive George Latimer. (See video above.) The budget was approved by a 13-4 vote, with the support of county Democrats. Officials said that the tax rate increase is to help offset tens of millions of dollars in deficits that the county is currently operating against. There are no planned cuts to staff or service in the approved budget, which is con…

12/10/2018

Armonk

Politics

Latimer: Balancing Next Budget Calls For Creative, Tough Decisions

Latimer: Balancing Next Budget Calls For Creative, Tough Decisions

Latimer: Balancing Next Budget Calls For Creative, Tough Decisions County Executive George Latimer said balancing next year's county budget requires creative solutions but also some tough decisions. Latimer has introduced his proposed $1.94 billion to the county Board of Legislators, which can revise the budget before its passage next month. In a Wednesday speech before the Business Council of Westchester, Latimer, a 65-year-old Democrat from Rye, said, "That was a fast year." He spoke to the group a year ago after defeating Republican Rob Astorino. Latimer pointed out that he inherited a multi-million dollar budget deficit and depleted reserves but …

12/01/2018

White Plains

Business

Westchester County Loses AAA Credit Rating

Westchester County Loses AAA Credit Rating

Westchester County Loses AAA Credit Rating Westchester’s financial report card saw its credit rating cut one level by two prominent agencies. Westchester County was notified by S&P Global Ratings and Fitch Ratings that the county’s financial outlook has been downgraded to AA+. Moody’s assigned Aa1 to Westchester, officials announced on Tuesday afternoon. The county has now lost its AAA rating - the highest ranking available - in each of the Big 3 rating agencies. Bloomberg News cited Westchester's move to "draw down its cash reserves to cover retroactive raises given to government employees" as the primary reason fo…

11/27/2018

Clarkstown

Politics

Proposed $709M Rockland Budget Would See Tax Increase

Proposed $709M Rockland Budget Would See Tax Increase

Proposed $709M Rockland Budget Would See Tax Increase Next year's proposed $709 million budget for Rockland County would raise property taxes by 2.9 percent, County Executive Ed Day announced on Monday, Oct. 1. While unveiling the proposed 2019 budget, Day said it remains under the state's 3 percent cap on annual property tax increases while fully funding not-for-profits, investing in law enforcement and reviving the Office for People with Disabilities. Day detailed his proposed spending plan at the Sheriff’s Backup Communications Center in New City, accompanied by Sheriff Louis Falco; because of its renewed focus on the needs of law enforceme…

10/01/2018

Mount Vernon

Politics

Mount Vernon Mayor Proposes $116M City Budget

Mount Vernon Mayor Proposes $116M City Budget

Mount Vernon Mayor Proposes $116M City Budget Mount Vernon Mayor Richard Thomas has proposed a $116 million 2019 budget that will represent a $100 property tax increase while maintaining essential services in the city. Last week, Thomas presented a $160,009,845, which “pays for services, invests in productivity, revenue generation and infrastructure,” while staying under the state’s mandated tax cap of 2.7 percent. It is an increase of approximately 4 percent from the 2018 adopted budget ($111,247,888) and would include the appointment of 18 new staff positions within the city. Thomas noted that the tax increase would work out to appro…

09/24/2018

North Orange

Lifestyle

Welcome Home: Understanding Closing Costs

Welcome Home: Understanding Closing Costs

Welcome Home: Understanding Closing Costs When moving to a home, costs tend to add up rather quickly. Several items will need to be budgeted for right away such as replacing carpet, updating appliances, moving and closing costs. When buying a home the title of the property will be transferred from the seller to the buyer which is called the closing. The fees that need to be paid at that time are considered closing costs. Closing costs vary widely based on a number of factors and you will receive a loan estimate within three business days of receiving your completed loan application. Then three days before closing, you will rece…

Content Partner: Wallkill Valley Federal Savings & Loan

Putnam

Schools

Voters Approve Brewster School Budget

Voters Approve Brewster School Budget

Voters Approve Brewster School Budget Voters in the Brewster Central School District approved a $98 million budget for next year. A total of 1,123 Brewster residents voted for the budget proposal and 454 against it on Tuesday, June 19. Brewster was among three Hudson Valley school districts where taxpayers were asked to vote a second tie after the initial proposal was defeated. Brewster's next operating budget will increase the property tax levy by 2.22 percent. In May, Brewster voters rejected a proposed $99 million budget: 808 residents voted against it and 689 supported it. New Rochelle and East Ramapo school districts al…

06/21/2018

Yonkers

Schools

Planned 200-Plus Layoffs Avoided By Yonkers Public Schools

Planned 200-Plus Layoffs Avoided By Yonkers Public Schools

Planned 200-Plus Layoffs Avoided By Yonkers Public Schools It came down to the wire, but more than 200 positions and programs have been saved in the Yonkers School District following the City Council's adoption of a $1.2 billion budget that includes increased funding for the district. On Wednesday, the Council adopted the budget, which includes a 6.2 percent property tax increase, which averages out to an increase of $560 for homeowners annually or $46 per month. Last week, citing a rise in employee salaries and benefits, the rising cost of utilities, transportation and tuitions, Yonkers Schools Superintendent Edwin Quezada stated that, “what cost …

06/14/2018

Yonkers

News

200 Layoffs Proposed In Yonkers, Including Police, Firefighters

200 Layoffs Proposed In Yonkers, Including Police, Firefighters

200 Layoffs Proposed In Yonkers, Including Police, Firefighters Yonkers Mayor Mike Spano warns that about 200 city workers may be laid off due to a $31 budget shortfall. Spano blamed much of the revenue gap on reduced aid from New York state. Spano, a two-term Democrat, plans to release his executive 2018-2019 budget on April 13. Personnel costs for 1,925 workers comprise about 80 percent of the city's budget. On Thursday, April 5, Spano he said it includes a 2 percent tax increase, plus possible cuts in city services like police, garbage pick-up and public library hours. Spano's proposed property tax increase would total about $100 for the average h…

by Daily Voice

04/08/2018

Hackensack

Real Estate

Towns With Cheapest Property Tax Bills In Bergen County Ranked

Towns With Cheapest Property Tax Bills In Bergen County Ranked

Towns With Cheapest Property Tax Bills In Bergen County Ranked Bergen County is home to towns that boast some of the most expensive property tax bills the U.S. But which towns average the cheapest property tax bills? New data from the New Jersey Department of Community Affairs shows that both the average property tax bills in Bergen ($11,564) and Passaic ($9,781) counties are higher than the state's average ($8,690). Below are the 10 Bergen County towns that averaged the cheapest property tax bills in 2017. 10. Lyndhurst: $8,968 9. Mahwah: $8,499 8. Saddle Brook: $8,484 7. Cliffside Park: $8,463 6. Edgewater: $8,312 5. Hackensack: $8,240 4. Garfield…

by Cecilia Levine

03/06/2018

Hackensack

Real Estate

Bergen County Towns With Highest Property Taxes Ranked

Bergen County Towns With Highest Property Taxes Ranked

Bergen County Towns With Highest Property Taxes Ranked The New Jersey Department of Community Affairs released new data on property tax bills in the state. Bergen ($11,564) and Passaic ($9,781) county both had higher averages than the state's ($8,690). *** UPDATE: These Bergen County Towns Had The Lowest Average Property Tax Bills Last Year *** Here are the towns with the highest property taxes in Bergen County: Alpine: $21,933 (third highest in New Jersey) Tenafly: $20,434 (fourth highest in New Jersey) Demarest: $19,137 (ninth highest in New Jersey) Upper Saddle River: $18,119 (13th highest in New Jersey) Haworth $17,692: (16th highest in …

by Cecilia Levine

03/05/2018