Lancaster's tax assessor needs work????????

[therising]

Originally Posted by 4248

John Doe came to Lancaster, he bought 20 acre parcel of property for $940,000.00. Located in a commercial zone.

Assuming he has no exemptions and its latest selling price was $940,000.00 how much taxes would be assessed?

Using current Lancaster tax rates.

Thank You

You don't seem to understand some very basic concepts of assessment valuations - Just because John Doe buys a property for X amount, (say $940k), doesn't mean that it will automatically be assessed for $940k.

Mr. Marrano did a very clear job, several days ago, of explaining why this is not considered to be arms-length transaction. I'm assuming you saw that post. So, either you
a) don't understand it,
or
b) don't believe it

Considering your background, I have hard time believing that you wouldn't understand such a basic concept of government. Therefore, I have to believe that you just don't believe him. Therefore, he's really just spinning his wheels, by trying to honestly explain anything to you.

[Lancaster wetlands]

Sorry to change the subject but I find this interesting. I purchased a house and property adjacent to my property. It consists of 3 acres with small old 2 bedroom home built in 50's. I tried to just purchase the land they would not split it up...
It was assesed at 77,100 when I purchased the property and of course it was worth more to me with empty lot between homes. My tax information states full market value- amount was my total Mortgage even though mortgage includes closing cost and previous years taxes it was assessed at 10,000 under full market value.
When i questioned my assesment they blatantly asked me why I paid so much...... So now if this property would be worth more to me because of its location why would not the same apply. why would residence be graded differently then commercial.
I also question how they assess vacant land. They have raised the assessment and taxes so high residents are dumping land and lots after they have owned them for years.

[4248]

You know Theo you have a point, he has with every response explained why home buyers get screwed in Lancaster. I don't care if every Town in New York State does it the same way - the whole state is the highest taxed state in the country.

Every time he answers - its a non answer to the actual question - how much will they pay!

New home buyer buys a home in Lancaster made in 1956 - the house cost $13,000.00 brand new - now listed for $80,000.00. The first time home buyers believed they bought smart, be cause they have friends in the area assessed at $135,000.00. ---- two years later their assessment jumps to $100,000.00 - then $130,000.00 --- they go to Town Hall and they are told, "We brought you up to market value." Thats non-sense.


A rich guy buys $1million dollar warehouse. the land is valued at $30,000.00 the structure at $1Million - he gets an exemption on the $1Million. The factory next door doesn't get brought up to market value and even if it was reassessed - he too gets a exemption! Arms length - football field apart - Its putting the screws to the home buyers and owners.

This is why NYS is dying!

Originally Posted by therising

You don't seem to understand some very basic concepts of assessment valuations - Just because John Doe buys a property for X amount, (say $940k), doesn't mean that it will automatically be assessed for $940k.

Mr. Marrano did a very clear job, several days ago, of explaining why this is not considered to be arms-length transaction. I'm assuming you saw that post. So, either you
a) don't understand it,
or
b) don't believe it

Considering your background, I have hard time believing that you wouldn't understand such a basic concept of government. Therefore, I have to believe that you just don't believe him. Therefore, he's really just spinning his wheels, by trying to honestly explain anything to you.

[shortstuff]

Originally Posted by 4248

You know Theo you have a point, he has with every response explained why home buyers get screwed in Lancaster. I don't care if every Town in New York State does it the same way - the whole state is the highest taxed state in the country.

Every time he answers - its a non answer to the actual question - how much will they pay!

New home buyer buys a home in Lancaster made in 1956 - the house cost $13,000.00 brand new - now listed for $80,000.00. The first time home buyers believed they bought smart, be cause they have friends in the area assessed at $135,000.00. ---- two years later their assessment jumps to $100,000.00 - then $130,000.00 --- they go to Town Hall and they are told, "We brought you up to market value." Thats non-sense.


A rich guy buys $1million dollar warehouse. the land is valued at $30,000.00 the structure at $1Million - he gets an exemption on the $1Million. The factory next door doesn't get brought up to market value and even if it was reassessed - he too gets a exemption! Arms length - football field apart - Its putting the screws to the home buyers and owners.

This is why NYS is dying!

need to at least do something here on our own playing field. Us taxpayers cannot take anymore hits. I don't know about you theo or 4248 but I'm taxed out and if I have to susidize millions for that damn airport, I will have a fit!!!

[KevinL]

I spoke to Dave Marrano on phone this AM and he explained that IDA IS actually on building even though it does not appear that way in Erie County records. Dave explained everything. Thank you Dave.

Original comment:

I have IDA information in front of me from Erie County Real Property information site.
SBL # 105.00-3-1.112
Description: SM71-2005-split from 1.11 (interim)
building you refer to is one of new 10 bay hangers that state funding put up and will be removed for taxi way for airport expansion of runway. Building was NEVER included in IDA. Also note L shape pattern of property which is main entrance to airport.

If I am incorrect, please provide complete IDA information correcting me.
Please note two (2) more IDA's show 18,000 square foot bulk hanger or 24 by T-hanger in description.
Thank you...

[therising]

We can debate all day about whether or not IDA exemptions are "worth it" to the taxpayer. I've debated it many times on this MB, and will be willing to do so if another thread is started.

It's not something that is exclsuive to Lancaster, and shouldn't be in a Lancaster forum.

[4248]

Originally Posted by KevinL

I spoke to Dave Marrano on phone this AM and he explained that IDA IS actually on building even though it does not appear that way in Erie County records. Dave explained everything. Thank you Dave.

Original comment:

I have IDA information in front of me from Erie County Real Property information site.
SBL # 105.00-3-1.112
Description: SM71-2005-split from 1.11 (interim)
building you refer to is one of new 10 bay hangers that state funding put up and will be removed for taxi way for airport expansion of runway. Building was NEVER included in IDA. Also note L shape pattern of property which is main entrance to airport.

If I am incorrect, please provide complete IDA information correcting me.
Please note two (2) more IDA's show 18,000 square foot bulk hanger or 24 by T-hanger in description.
Thank you...

Lets get a time-line here - the new hangers were erected ??????
The IDA included the building - when was that IDA originated???????

Help me out here : So tax payers funded a building/hanger(State Funded). So they(Lan.Airport) could become more competitive.

They, then received tax exemptions, inpart because of the building.

Now that tax funded, tax exempt building, will be torn down(with the aid of tax dollars) so they can expand the runway(With tax dollars)

All this with over $12Million tax dollars and then the Airport will be "Tax Exempt" from most property taxes that would help Lancaster offset home owners tax load??????

What ?

John Doe came to Lancaster, he bought 20 acre parcel of property for $940,000.00. Located in/near a commercial zone.

Assuming he has no exemptions and its latest selling price was $940,000.00 how much taxes would be assessed?

Using current Lancaster tax rates

[ichingtheory]

Originally Posted by 4248

Lets get a time-line here - the new hangers were erected ??????
The IDA included the building - when was that IDA originated???????

Help me out here : So tax payers funded a building/hanger(State Funded). So they(Lan.Airport) could become more competitive.

They, then received tax exemptions, inpart because of the building.

Now that tax funded, tax exempt building, will be torn down(with the aid of tax dollars) so they can expand the runway(With tax dollars)

All this with over $12Million tax dollars and then the Airport will be "Tax Exempt" from most property taxes that would help Lancaster offset home owners tax load??????

What ?

John Doe came to Lancaster, he bought 20 acre parcel of property for $940,000.00. Located in/near a commercial zone.

Assuming he has no exemptions and its latest selling price was $940,000.00 how much taxes would be assessed?

Using current Lancaster tax rates

Looks like Kevinl responded to you on page 8 regarding time line of IDA issuance. One on 2004 & another "notarized" 2006. No actual date on notarized IDA.

[4248]

Originally Posted by ichingtheory

Looks like Kevinl responded to you on page 8 regarding time line of IDA issuance. One on 2004 & another "notarized" 2006. No actual date on notarized IDA.

When was the hanger built that doesnt show - and was suposed to be included?


John Doe came to Lancaster, he bought 20 acre parcel of property for $940,000.00. Located in/near a commercial zone.

Assuming he has no exemptions and its latest selling price was $940,000.00 how much taxes would be assessed?

Using current Lancaster tax rates

[shortstuff]

Originally Posted by 4248

When was the hanger built that doesnt show - and was suposed to be included?


John Doe came to Lancaster, he bought 20 acre parcel of property for $940,000.00. Located in/near a commercial zone.

Assuming he has no exemptions and its latest selling price was $940,000.00 how much taxes would be assessed?

Using current Lancaster tax rates

and hopefully discover the rate. It should be different because it is somewhat wetlands, Light Industrial with a pond I believe. So the assessed rate will be lower than if the property was just a wooded lot. But because they paid so so so so much for the 17 acres, we all want to know what the taxes will be on that land.

Stay tuned.

[4248]

Mr.Marrano must be on vacation - or maybe sense theres some down time here in Lancaster, maybe he's working in West Seneca?


Nov.11-2009
Nov.07-2009
Mr.D.Marrano
Lancaster Tax Assessor,

What will be the "assessed value on the 20 acre parcel of property that was just recently sold for $940,000.00" to the Lancaster Airport for their intended expansion?

Assuming its latest selling price was $940,000.00 how much taxes will be assessed?

How much will Lancaster receive in actual dollars?


Thank You Mr.Marrano
------------------------------------------------------------------------------------

John Doe came to Lancaster, he bought 20 acre parcel of property for $940,000.00. Located in/near a commercial zone.

Assuming he has no exemptions and its latest selling price was $940,000.00 how much taxes would be assessed?

Using current Lancaster tax rates.