ALBANY, N.Y. (NEWS10)- Many local counties have released their budgets for 2022. So far six out of 11 Capital Region counties have said they are proposing a decrease in county taxes.
Below are the proposed budget amounts for the six counties currently available. Budgets for the remaining five counties will be released in the coming weeks. Click on the county name to view proposed budgets available online.
- Budget approximately $753 million
- Increase 4.5% over 2021 budget
Albany County released its 2022 proposed budget on October 12. County Executive Dan McCoy said there will be a slight decrease in taxes for residents. He also said this is the fourth year in a row the budget increase has decreased and the ninth year staying under the tax cap.
Although the 2022 proposed budget isn’t available, the county said current projections indicate a decrease in taxes for residents at a Board of Supervisors meeting on October 13.
“I am pleased to report that, based on the analysis of our finance team of Treasurer PJ Keeler, Controller Ron Caponera, Finance Committee Chairman Jim Guzzi, and myself as Budget Officer, we are currently seeing projections that inform us the 2022 budget will bring with it a tax decrease,” said Columbia County Board of Supervisors Chairman, Matt Murell.
- Budget approximately $117 million
- Increase of 3.9% over 2021 budget
Greene County said decreases will be seen in 11 out of 14 towns because of changes in State Equalization Rates. They said the remaining three towns will see a slight increase.
“Unlike the previous year’s budgets, that dealt with severe State Aid cuts and then the Covid pandemic, this proposal should be considered a return to normal budgeting procedures. Most expenses follow inflationary trends while receipts are estimated at predicable levels, save the estimated Sales Tax,” said the county’s budget officer.
- Budget approximately $362 million
Continuing its efforts to lower taxes for residents, the county said its 2022 proposed budget would lower taxes by 10%. The fourth consecutive year taxes have gone down in Rensselaer County, the county said.
“Our record on taxes is solid and long-standing. We should recognize Rensselaer County’s record of staying below the state property tax cap every year the cap has been in place, over a decade. We can also say that Rensselaer County is likely to offer the largest property tax rate decrease to residents across all of New York State,” said County Executive, Steve McLaughlin.
- Budget approximately $381 million
The county said it anticipates a slight decrease in the tax rate. “The tentative 2022 budget proposes significant investments in public safety, health, and human services, infrastructure, open space, and conservation while anticipating a property tax rate reduction for residents and staying below the property tax cap,” the county said.
- Budget approximately $342.7 million
- Decrease of 1% over 2021 budget
The county said COVD relief funding assisted in the county being able to lower taxes. “The mix of State and Federal COVID-19 pandemic related grants and the return of broad revenues into the County has allowed the Manager’s Office to recommend a decrease in the property tax levy of -1%,” they said.
- Budget approximately $173.3 million
- Increase of $7.8 million from 2021 budget
The county said the majority of this increase from the 2021 budget is due to the $10.5 million investment in
the road paving program. Property taxes for homeowners will decrease by about two cents under the proposed budget. That would make the property tax about $3.90 per $1,000 of assessed value.
“The reduced tax rate and effort to stay well below the tax cap reflect sensitivity to the economic toll of COVID-19 on our taxpayers,” noted Stony Creek Supervisor Frank Thomas, the Board of Supervisors Budget Officer. “This budget calls for effective planning to maintain major county public works infrastructure and keep these large costs predictable and affordable long into the future.”
The Board of Supervisors will consider adopting the tentative budget following a public hearing at a regularly scheduled meeting on November 19.