You did well. However, looking at your math:Originally Posted by yaksplat
Just got my 2020 school tax bill. My assessment went from full market value of 298,700 to 268,000. My taxes went from 3,647.80 to 3,367.13, which is a drop of 7.7%.
Your assessment decreased by 10.3%.
$3,647 (2019 school tax) X 10.3% = $376 (expected reduction)
Your school tax was lowered from $3647 to $3367 = $280 (7.7%)
Therefore, in reality your school tax increased by $96. That is still reasonable in comparison to what unit owners in my townhouse complex are experiencing: assessment increases of 30+ percent and average school tax increases of $280; and higher.
The 100% market value reassessment also lowered the Enhanced STAR deduction by $45 – from $1,032 to $987.
And, the tentative town budget will be out by October 1. Are you ready for some more good old New York tax increases?
Last edited by mark blazejewski; September 21st, 2020 at 03:32 PM.
LIDA Member Rinow to Member Ruda: You were a sitting Trustee on the Board. Did you help support Mr. Sweeney getting a seat on the CDC Board?"
Here is my increase.
2019 $2035.15
2020 $2758.79
$723.64 increase
Could this be a mistake?
Actually my FMV went down. It was at 298,700, now 268,000.
Again, one size doesn’t fit al. Regardless of assessment change, it does not guarantee an individual will be able to exactly determine their increase or decrease in school taxes.
My total tax liability before exemptions increased by $95 from last year’s tax bill – and this was after ‘grieving’ my assessment and having it lowered by $9,000. And yet, my final tax liability increased by $150. It would have increased by $268 had I not appealed to the Lancaster Assessment Board of Appeals.
The only thing Lancaster residents can be assured is that their school tax did increase with an approved school budget where of the 37 school district budgets up for approval in June, Lancaster is third highest in spending increase. 2020-21 Budget - $114,492,104. 2019-20 Budget - $109,519,879. Increase - $4,972,225; 4.54%. The 4.54$ increase in spending far exceeded the 1.81% Consumer Price Index (tax cap).
Cheering that your school tax bill decreased at a time of reassessment does not indicate you did not see an increase in school taxes.
I still havent received my tax bill/receipt. I escrow so not sure if thats why. No idea what my increase or decrease is.
Look here
https://egov.basgov.com/townoflancaster/
Georgia L Schlager
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