Chenango County reports growth in taxable property value
CHENANGO COUNTY - Cumulative tax values of Chenango County are on the rise, according to recent data from the County Department of Real Property Tax Services.
To date, the department reports a $22.1 million dollar difference over 2020, resulting in a 1.19 percent gain in county-wide tax values.
Steve Harris, Chenango County Director of Real Property Tax Services, said the largest contributor has been the Greek yogurt maker Chobani, whose recent decision to move warehousing from the parameters of its PILOT (payment in lieu of taxes) to a taxable parcel played a big role in the 11.49 percent spike in taxable values in the Town of Columbus.
“This is going to help everyone in the county with that increased county share,” said Harris.
Other towns seeing taxable growth include Preston (3.41 percent), New Berlin (2.09 percent), Greene (1.28 percent), and Coventry (1.41 percent). Numbers are being driven largely by new construction in these townships.
Taxable values have actually declined in the towns of Lincklaen (-.03 percent), Otselic (-.05), and Oxford (-.14 percent), Harris said, mostly due to decreasing special franchise values, telecommunications wiring that’s no longer taxable under New York State law, and the lack of new construction to help offset those losses.
The Chenango County Department of Real Property Tax Services expects taxable values to change before year’s end as property owners start to file small claims and conduct tax searches which may change property values.
To date, the department reports a $22.1 million dollar difference over 2020, resulting in a 1.19 percent gain in county-wide tax values.
Steve Harris, Chenango County Director of Real Property Tax Services, said the largest contributor has been the Greek yogurt maker Chobani, whose recent decision to move warehousing from the parameters of its PILOT (payment in lieu of taxes) to a taxable parcel played a big role in the 11.49 percent spike in taxable values in the Town of Columbus.
“This is going to help everyone in the county with that increased county share,” said Harris.
Other towns seeing taxable growth include Preston (3.41 percent), New Berlin (2.09 percent), Greene (1.28 percent), and Coventry (1.41 percent). Numbers are being driven largely by new construction in these townships.
Taxable values have actually declined in the towns of Lincklaen (-.03 percent), Otselic (-.05), and Oxford (-.14 percent), Harris said, mostly due to decreasing special franchise values, telecommunications wiring that’s no longer taxable under New York State law, and the lack of new construction to help offset those losses.
The Chenango County Department of Real Property Tax Services expects taxable values to change before year’s end as property owners start to file small claims and conduct tax searches which may change property values.
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