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Rye’s County Tax Rate Up 3.37%
When City of Rye taxpayers receive their 2009 County tax bill, they’ll discover it’s 3.37% greater than last year’s. The increase translates to an additional $108 per year for the typical Rye homeowner with an assessed value of $22,550, according to City Assessor Noreen Whitty.
In December, the Westchester County Legislature approved a County budget that provides for a 1.77%% increase in the County tax levy, compared to 2008. However, tax increases across the county vary from community to community due to the changing state formula that determines how that tax levy will be allocated to each community this year — the so-called equalization rate.
Whitty said, “actual tax rate changes vary because of fluctuations in equalization rates and assessments throughout the County's 25 cities and towns. Rye falls in the middle of the pack.”
— Arthur Stampleman