The Canandaigua Town Board has unanimously approved a resolution requesting an equitable tax rate for 2024, in response to fears of higher county taxes.
The town recently completed a property revaluation to reflect assessments at 100% of market value, a key component in calculating property taxes.
However, town officials noted that not all municipalities in Ontario County are currently assessed at 100%, leading to concerns that those at full market value as of July 1, 2023, will face significantly higher county taxes in 2024.
The resolution, passed on July 17, calls on Ontario County to consider the variations in valuation among municipalities when assessing the 2024 tax rates.
It also requests the county to consider the potential impact of increased tax rates on residents who have completed a revaluation with 100% valuation, and adopt measures to mitigate any undue financial burden.
Furthermore, the Town Board asked the county to maintain the tax levy in 2024 in line with the cost of living adjustments, leading to a reduction in the base county tax rate for that year.
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