Allegany County, NY, legislators will be up against the distinction of having the second highest true valley property tax rate in the state as it prepares for a tentative 2023 operating budget.
As we noted in our story earlier today, the impact is magnified by tax rates in the county’s 29 towns also being the highest or among the highest property taxes in the state, with five being among the 10 highest and 19 being within the top 10 percent in last year’s list of comparables compiled by the Office of the State Comptroller.
Data for this year isn’t expected to be released until the end of November but the county’s second highest status, which has been in place only since 2019 when it dropped from the top ranking in the state, isn’t expected to have changed.
Allegany County also has the third highest general sales tax rate in the state, only a quarter point behind Erie and Oneida counties, and even ahead of New York City.
A chart of true value tax rates for all 57 counties outside New York City, based on equalized values established annually by the state, accompanies this story.
Town and village rates for 2021 appear in our previous report today. School rates for both in-county and part-county districts, which vary in each town due to true value, will be published later this week.
State Comptroller tax rate data for all local government entities within the state is available for multiple years at https://bit.ly/3VhDH9I.
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