Tax hikes are spiraling out of control for many
How has this situation for taxes gotten so out of control? I have owned 95 acres of rural land in Allegany County, in the Town of Ward, for 30 years. The property has no road frontage, and receives no services. Nothing has changed on this property in 10 years.
In 2013, my assessment was $69,800. In 2014, the property was reassessed at $84,000, a 20 percent increase. In one year, my county taxes went up 10 percent and my school taxes went up 14 percent.
I just received another reassessment for 2015 – $97,100, a 16 percent increase. How much will my taxes increase this year? Is this crazy or what?