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Yates County forecasts lower tax rate amid spending surge

  • / Updated:
  • Staff Report 

The 2024 budget for Yates County projects a 13% rise in overall spending. However, residents can expect a drop in the property tax rate, while the property tax levy remains unchanged.

The Finger Lakes Times reported on Tuesday that County Administrator Nonie Flynn shared the budget late last week, revealing a spending plan of about $58.7 million, marking a 12.87% jump from the present $52 million budget.

Finger Lakes Partners (Billboard)

One notable allocation is the 30% surge in general government expenditures, attributed mainly to the county’s program for indigent criminal defendants.

On the revenue side, the 2024 property tax levy remains at $15.9 million. However, an uptick in taxable property value means the property tax rate will decrease to $4.39 per $1,000 assessed value, continuing a seven-year trend.

Overall, the county anticipates a 20% revenue boost, with federal aid and state aid projected to increase by 52% and 33% respectively. The county Legislature will further discuss the budget on Oct. 30, which might also see the appointment of Flynn’s successor.