Pittsford will pay less taxes
By Lucia Suarez
STAFF WRITER | July 23,2013
PITTSFORD — Residents will be paying lower taxes even though the budget went up.
The Select Board recently approved the residential and nonresidential tax rates for this fiscal year, which started July 1. Tax payments are due Nov. 12.
Town Manager John Haverstock said the board approved to move $100,000 from the surplus fund balance to buy down the tax rate. He said the board, as recommended by the auditors, keeps at least 15 percent of the total budget on hand.
This year there was more than that amount.
“We can’t do it every year,” Haverstock said. “But it allows us to give a little tax relief.”
Residents approved a spending municipal budget of $1,287,803, of which $935,613 would be raised by taxes. With the $100,000 surplus, taxes will amount to $835,613.
For residents living within Pittsford Village, the tax rate for fiscal year 2013 is $1.8475. This translates to a tax bill of $1,847.50 per $100,000 of assessed property value. This is down from $1.8839.
The nonresidential tax rate in the Village is $1.8387, down from $1.9132.
For residents living outside of the Village, the tax rate is $1.8079, or $1,807.90 per $100,000 of assessed property value, down from $1.8443.
The nonresidential tax rate outside of the Village is $1.7991. This is down from $1.8736.
To calculate a tax bill, every $100,000 of assessed property value is divided by 100 and then multiplied by the tax rate.
According to Town Clerk Helen McKinlay, the breakdown of the tax rate is as follows:
The municipal general fund tax rate is $0.2222, which represents a tax rate decrease of $0.0266.
The highway fund tax rate is $0.2186, which is a tax rate decrease of $0.0199 from the last fiscal year.
The Village tax rate is $0.0396 and the local agreement tax rate is $0.0016. These do not change.
The residential state education tax rate is $1.8475, a decrease from last year’s $1.3553 rate.
The nonresidential state education tax rate is $1.3567, which is down from last year’s $1.3846.
Haverstock said the town has no control over the education tax rate.