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Thread: School tax bills are in

  1. #1
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    School tax bills are in

    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%.
    You did well. However, looking at your math:

    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?

  2. #2
    Member mark blazejewski's Avatar
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    Quote Originally Posted by Lee Chowaniec View Post
    You did well. However, looking at your math:

    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?
    Compared to some others, Pretty well here too. About a 100 dollar increase.
    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?"

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    Here is my increase.

    2019 $2035.15
    2020 $2758.79

    $723.64 increase

  4. #4
    Member mark blazejewski's Avatar
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    Quote Originally Posted by 26trap View Post
    here is my increase.

    2019 $2035.15
    2020 $2758.79

    $723.64 increase
    yikes!
    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?"

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    Could this be a mistake?

  6. #6
    Member mark blazejewski's Avatar
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    Quote Originally Posted by 26trap View Post
    Could this be a mistake?
    To me it seems really outrageous.
    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?"

  7. #7
    Member gorja's Avatar
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    Quote Originally Posted by Lee Chowaniec View Post
    You did well. However, looking at your math:

    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?
    Yes, yaks FMV went up. If the 2019 assessments were 77% of FMV, then yaks 2019 assessment was around $230,000. So his assessment went up $38,000 or 16.5%

    His assessment increased 16.5% and tax decreased 7.7%.

    Georgia L Schlager

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    Member gorja's Avatar
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    Quote Originally Posted by gorja View Post
    Yes, yaks FMV went up. If the 2019 assessments were 77% of FMV, then yaks 2019 assessment was around $230,000. So his assessment went up $38,000 or 16.5%

    His assessment increased 16.5% and tax decreased 7.7%.
    CORRECTION: First line.Yes, yaks FMV went up should be FMV went down

    Georgia L Schlager

  9. #9
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    Actually my FMV went down. It was at 298,700, now 268,000.

  10. #10
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    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.

  11. #11
    Member Neubs24's Avatar
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    I still havent received my tax bill/receipt. I escrow so not sure if thats why. No idea what my increase or decrease is.

  12. #12
    Member gorja's Avatar
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    Georgia L Schlager

  13. #13
    Member Neubs24's Avatar
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    Quote Originally Posted by gorja View Post
    2019 - $3619.13, $202k assessment
    2020 - $3508.61, $248k assessment

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