Town tax rate up 20 percent
ANTRIM — Although a decrease in property value was said to have directly affected the increase in the town’s tax rate, a decline in state aid for the ConVal District was another significant component.
Antrim’s total tax rate for 2013 is $28.44, up 20 percent from last year’s overall tax rate of $23.67, according to Antrim Town Administrator Galen Stearns. He said in an interview Wednesday that he pretty much expected this overall tax increase, since he knew property values were decreasing. “We knew the property values would decrease between 8 and 14 percent, and it was just around 14 percent,” Stearns said. He said the decrease in value came about with the hit of the economic recession that began in 2008, and this is the first reassessment to include this value change.
He said the town’s portion of the tax rate went up by $1.02 from 2012’s $10.94 to $11.96, a 9 percent increase. He said the portion with the biggest increase was the local school’s portion that jumped from $9.33 to $12.61, a 35 percent increase. Stearns said a lack of state aid led to the jump. “We lost half of our state aid.”
Officials at ConVal were unavailable for comment by press time.
The state school portion saw a 11 percent increase, from $2.37 in 2012 to $2.64 this year. The remaining county portion also saw an increase of 20 percent, going from $1.03 to $1.24.