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I played poker at a friend house and he was complaining about his 15K tax bill but he has a 12,000 sqf home with a 4 car garage on 15 acres, with a pool,pond,tennis and a basketball court. Imagine what he would be paying on L.I.
Yeah but think about how much tax he pays every year on the 4 autos. Plus he must have a massive water bill, tax on his yacht, aircraft carrier, and learjet.. fuhgetaboutit!
It's really more to do with the baby boomers reaching the end of their child bearing years. There's less people of child bearing age, therefore there's less children.
If anyone really thinks that translates to getting rid of teachers, they haven't lived on LI that long. Our old schools have less classes than they used to per grade, but if you look hard enough, you'll find all the teachers are still there lurking in special ed classrooms or teaching "technology" and things like that.
IDK about that. The baby boomers are done (were done) having kids years ago. It's the echo boomers, the gen Y 30-50 yo crowd, that dominate LI demographics at this point. People are having kids later on and not having as many. 1-2 kids is the new 2-4 kids from the baby boomers era. There are many districts looking to consolidate and sell elementary schools as Galacia mentioned.
IDK about that. The baby boomers are done (were done) having kids years ago. It's the echo boomers, the gen Y 30-50 yo crowd, that dominate LI demographics at this point. People are having kids later on and not having as many. 1-2 kids is the new 2-4 kids from the baby boomers era. There are many districts looking to consolidate and sell elementary schools as Galacia mentioned.
Another factor you have to take into consideration is location. By me they can't bulid schools fast enough. Opposite of the Island. There is big growth going on here not just business but also population. They added a couple of schools and did millions and millions in renovations on existing schools and my taxes still went down.
Yeah, but towns like Garden City are an anomaly - where most people have 3 kids and more. Even in the families that I knew that were much younger than me I knew families that had 4 and 5 kids. Still, Garden City isn't close to re-shuttering one of the primary schools (that they reopened about 13 years ago) although in a few years they may be there (and they just spent a ton of money fixing up all the primary schools). The three primary schools there have seen the biggest drop in classes....and that whole Central Section, with the too-big-for-anyone houses, will be an interest thing to watch in the coming years. Who can/will buy those houses and how many kids will they actually end up having? My DS was friends with a kid who lived in one of those huge houses and it's on the market. Curious where they'll end up. I think their boiler room was bigger than my kitchen, LOL.
I just checked my old house and the school taxes went up $1,000. Yikes.
school taxes up 13% ($1100). Our assessed did go up $20k for no good reason. Next October our new 2nd floor addition will kick into play (big jump in assessed already shown) so this $20k jump is a mystery. The tax rate also went up this year by a bigger margin than the 2 prior years. $9589 just for school/library... yay. Parents in a regular split-level paying $10.5k just in school/library taxes.
Another thing I noticed in comparisons is the assessed value for school tax is always lower than library tax up until 2012. Now (2012 & 2013) the school & library uses the same assessed value. What gives?
BTW, my wife and I did go and vote NO to the school budget but we were beat by more than 1000 other people.
school taxes up 13% ($1100). Our assessed did go up $20k for no good reason. Next October our new 2nd floor addition will kick into play (big jump in assessed already shown) so this $20k jump is a mystery. The tax rate also went up this year by a bigger margin than the 2 prior years. $9589 just for school/library... yay. Parents in a regular split-level paying $10.5k just in school/library taxes.
Another thing I noticed in comparisons is the assessed value for school tax is always lower than library tax up until 2012. Now (2012 & 2013) the school & library uses the same assessed value. What gives?
BTW, my wife and I did go and vote NO to the school budget but we were beat by more than 1000 other people.
Did you put in for a capital improvement tax abatement? ToH offers this does your are do the same?
There's no getting through to the unions however. The only bright spots I see are enrollments are dropping 1-2% every year as people are having less kids. That combined with the 2% cap should hopefully control the school tax situation.
Can you explain that 2% cap, because I just look at the home I sold a few years back and the school taxes just went up 9% in one year to 6,858 after the star rebate. It was 5,263 in 2008 Some of my old friends went up 10 even 12% for 2013. I thought 2% was the max
Last edited by BigMike50; 10-02-2012 at 09:34 AM..
Can you explain that 2% cap, because I just look at the home I sold a few years back and the school taxes just went up 9% in one year to 6,858 after the star rebate. It was 5,263 in 2008 Some of my old friends went up 10 even 12% for 2013. I thought 2% was the max
The cap seems to be mostly political in that there are so many exceptional allowances and a couple of easily managed work-arounds. Of course NY's vaunted teacher's union doesn't see it that way and they plan to sue the State for the right to raise your taxes more than 2% per annum.
Did you ever notice when you hear about the increase in taxes, they usually estimate the tax hit to the homeowner. Funny thing is, when I get my tax bill, it's usually increased far higher than the 'average estimate.'
My assessment went up a whopping $200! But my school taxes increased $328 though my STAR savings also increased slightly. I bought my house in October 2008 and when I got my very first assessment in January 2009, I wanted to cry and wondered what I had gotten myself into. My assessment had gone down and the taxes had gone up. Since 2009 the biggest spike was 2012 but the 2013 is now the winner.
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fuhgetaboutit!
