New Report: Property Taxes on Tug Hill – The costs of local services and their impacts on the tax burden of Tug Hill residents is the focus of a new report entitled “Property Taxes in the Tug Hill Region.” In particular, the study summarizes the issues surrounding increasing real property tax levies and provides preliminary expenditure trend analysis among various units of government and taxing jurisdictions in the Tug Hill Region. Several case studies are used to demonstrate how rural communities differ from urban and suburban communities, and from each other, in their funding and expenditure practices. Rising property tax levies are of particular concern to local governments given New York State’s new real property tax levy cap regulations.
To read the paper, click here.