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Thread: Mr. Marrano please provide Lancaster airport assessment/tax clarification

  1. #1
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    Mr. Marrano please provide Lancaster airport assessment/tax clarification

    Mr. Marrano, in a separate thread Gorja provided the following post regarding the new property assesment for the Lancaster airport:

    "95.00-4-20.2 - Ransom Rd property purchased from E&E
    Full assessed value- $940,000 ALL TAXABLE
    http://www.oarsystem.com/ny/lancaste...50000004020200

    Check this out-
    105.00-3044.211-4343 Walden Ave
    Old full value- $358,696 Assessed value-$330,000
    New assessed full value- $3,225,000 ALL TAXABLE
    http://www.oarsystem.com/ny/lancaste...50000003044211

    See Marrano kept his word."


    In another post from Gorja last year the following information was offered regarding IDAs the airport is receiving:

    "What's with the exemptions?
    http://www.tslco.net/default4.aspx?f...2009&descde=CO

    http://www.oarsystem.com/ny/lancaste...50000003044212
    4343 Walden Ave
    105.00-3-44.212
    The property above in 4248's post- Assessed at $672,000, Full market val $722,581 has an IND DEVEL exemption of $672,000.
    According to Lancaster tax site pd 2009 county tax $1809.63 in which the true tax would have been $9253.61. No school tax due or paid in 2008.


    http://www.tslco.net/default4.aspx?f...2009&descde=CO

    http://www.oarsystem.com/ny/lancaste...50000003044213
    4343 Walden Ave
    105.00-3-44.213
    This property's assessed value is $453,000. Full market val is $483,871. has an IND DEVEL exemption of $450,000.
    According to Lancaster tax site pd 2009 county tax $1212.13 in which the true tax would have been $6196.94. No school tax due or paid in 2008.

    The third parcel has no exemptions.
    4343 Walden Ave
    105.00-3-44.211
    Assessed value $330,000. Full market value $354,839
    Pd 2009 county tax and true tax were $4854.88. Pd 2008 school tax of $5259.40."


    With this information in mind, the questions we would like to pose to you Mr. Marrano are the following:

    1) What are the 2010 estimated total (County, Town and School) taxes for the airport on the E&E property they purchased? (this was provided to the residents in the recent mailing from your office, so presumably it is also available for the airport)

    2) What are the 2010 estimated total taxes for the rest of the airport property and buildings?

    3) In the lastest property assessment posted on the Town web site the total assessed value for the airport land and buildings (not counting the E&E property) is $3,225,000 of which the land counts for $2,983,400, leaving only $241,600 for all of the hangers etc that they build there. The above post from Gorja indicates the Full Market value for these building is $1,561,291, the assessed value is $1,455,000 and the IDA reduction is $1,122,000 leaving $333,000 assessed value to be taxed vs. the $241,600 indicated on the Lancaster Town web site. What accounts for this difference?

    4) When do these IDAs expire?


    The residents greatly appreciate your openess and willingness to answer our questions, as well as keeping your word as indicated by Gorja above.

  2. #2
    Tony Fracasso - Admin
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    Why give all those breaks to a company that is privately owned which can't move seeing it's an airport? What's the point?

  3. #3
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    Total funding Lancaster Airport received vs. assessments

    Mr. Marrano: We would also like to mention that from 1999 to 2009 the Lancaster airport received $12,858,000 in funding from the FAA and NYS for building hangars, and other upgrades. Some of this is listed in the attachment here. With this much money (albeit taxpayer money) spent on improvements, how does that compare to the total assessment your office set for 2010?


    Quote Originally Posted by Lancaster Resident View Post
    Mr. Marrano, in a separate thread Gorja provided the following post regarding the new property assesment for the Lancaster airport:

    "95.00-4-20.2 - Ransom Rd property purchased from E&E
    Full assessed value- $940,000 ALL TAXABLE
    http://www.oarsystem.com/ny/lancaste...50000004020200

    Check this out-
    105.00-3044.211-4343 Walden Ave
    Old full value- $358,696 Assessed value-$330,000
    New assessed full value- $3,225,000 ALL TAXABLE
    http://www.oarsystem.com/ny/lancaste...50000003044211

    See Marrano kept his word."


    In another post from Gorja last year the following information was offered regarding IDAs the airport is receiving:

    "What's with the exemptions?
    http://www.tslco.net/default4.aspx?f...2009&descde=CO

    http://www.oarsystem.com/ny/lancaste...50000003044212
    4343 Walden Ave
    105.00-3-44.212
    The property above in 4248's post- Assessed at $672,000, Full market val $722,581 has an IND DEVEL exemption of $672,000.
    According to Lancaster tax site pd 2009 county tax $1809.63 in which the true tax would have been $9253.61. No school tax due or paid in 2008.


    http://www.tslco.net/default4.aspx?f...2009&descde=CO

    http://www.oarsystem.com/ny/lancaste...50000003044213
    4343 Walden Ave
    105.00-3-44.213
    This property's assessed value is $453,000. Full market val is $483,871. has an IND DEVEL exemption of $450,000.
    According to Lancaster tax site pd 2009 county tax $1212.13 in which the true tax would have been $6196.94. No school tax due or paid in 2008.

    The third parcel has no exemptions.
    4343 Walden Ave
    105.00-3-44.211
    Assessed value $330,000. Full market value $354,839
    Pd 2009 county tax and true tax were $4854.88. Pd 2008 school tax of $5259.40."


    With this information in mind, the questions we would like to pose to you Mr. Marrano are the following:

    1) What are the 2010 estimated total (County, Town and School) taxes for the airport on the E&E property they purchased? (this was provided to the residents in the recent mailing from your office, so presumably it is also available for the airport)

    2) What are the 2010 estimated total taxes for the rest of the airport property and buildings?

    3) In the lastest property assessment posted on the Town web site the total assessed value for the airport land and buildings (not counting the E&E property) is $3,225,000 of which the land counts for $2,983,400, leaving only $241,600 for all of the hangers etc that they build there. The above post from Gorja indicates the Full Market value for these building is $1,561,291, the assessed value is $1,455,000 and the IDA reduction is $1,122,000 leaving $333,000 assessed value to be taxed vs. the $241,600 indicated on the Lancaster Town web site. What accounts for this difference?

    4) When do these IDAs expire?


    The residents greatly appreciate your openess and willingness to answer our questions, as well as keeping your word as indicated by Gorja above.

  4. #4
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    Quote Originally Posted by WNYresident View Post
    Why give all those breaks to a company that is privately owned which can't move seeing it's an airport? What's the point?
    Exactly right!! Taxpayers should not be burdened for the benefit of this airport. Even if they did shut down, there would be no negative impact on the community. In summary, if airport cannot support itself, too bad.

  5. #5
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    In viewing the IDA's they have a 10 year life shelf. I am thankful that Mr. Marrano has done his job.

    Good thread Resident.

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