Thomas DiNapoli
ALBANY – Local governments in New York levied a total of $36.6 billion in property taxes in 2019 – an increase of 2.4 percent over 2018, according to a report released Tuesday by State Comptroller Tom DiNapoli.
The report shows that annual property tax levy increases have slowed significantly since 2005 and dipped below 2 percent in 2015, where they remained until 2019.
DiNapoli’s report examined local municipalities statewide, excluding New York City.
According to the report, there are 3,700 taxing jurisdictions with independent authority to levy property taxes in New York State. The report also found that Four counties (Erie, Oswego, Columbia and Nassau) saw property values grow by more than 10 percent in the past two years.
School districts generally imposed the highest tax rates at $17.46 per $1,000 of full property value.
City tax rates were twice as high as those in villages and nearly three times higher than those in towns.
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