Share this article

print logo

LEGISLATURE RECEIVES TENTATIVE BUDGET PLAN

The Cattaraugus County Legislature on Wednesday received its tentative 2005 budget package for the $171.26 million spending plan. Included in the analysis is a comparison of 2004 equalization and tax rates for towns and cities with projected figures for 2005.

Properties in several towns -- including Dayton, Farmersville, Franklinville, Little Valley, Lyndon, Olean, Otto, Portville, Randolph, Red House and Salamanca -- are assessed at full value and will see no change in equalization rates. There, the tax rates will increase about 10.7 percent, from $12.49 or $12.50 per $1,000 of assessed value in 2004 to $13.82 or $13.83 in 2005.

Among the towns updating assessments for 2005 to partial or full value, tax rates will be changed as follows: Allegany, $13.83, down 52.06 percent; Ashford, $14.71, up 5.52 percent; Carrollton, $15, down 24.34 percent; Coldspring, $14.96, up 7.82 percent; Conewango, $17.28, up 20.94 percent; East Otto, $14.40, up 9.16 percent; Machias, $14.55, up 9.76 percent; Mansfield, $13.83, down 3.31 percent; South Valley, $13.82, down 25.43 percent.

In the remaining towns and cities listed, the equalization rates will be adjusted downward to account for outdated assessment values, yielding the following tax rates per $1,000 of assessed value: Ellicottville, $16.65, up 21.37 percent; Freedom, $210.84, up 16.05 percent; Great Valley, $469.54, up 10.63 percent; Hinsdale, $15.52, up 24.26 percent; Humphrey, $18.71, up 31.71 percent; Ischua, $124.06, up 30.25 percent; Leon, $18.90, up 30.85 percent; Napoli, $16.26, up 10.70 percent; New Albion, $14.87, up 19.10 percent; Olean (city), $154.73, up 18 percent; Perrysburg, $14.11, up 12.96 percent; Persia, $16.12, up 29.03 percent; Salamanca (city), $57.74, up 17.89 percent; and Yorkshire, $55.09, up 19.91 percent.

There are no comments - be the first to comment