Poloncarz says some homeowners may see a reduction in their county property taxes.
BUFFALO, N.Y. — Erie County Executive Mark Poloncarz announced Thursday his proposed budget for 2021 and the news isn't bad as originally feared.
Sales tax revenue is down 2.3% so far this year due to COVID-19, but Poloncarz says that is better than what they had originally thought, because they were still able to collect sales tax through online shopping.
Since the sales tax shortfall is not as bad as county officials had feared, there will be no drastic property hike for Erie County residents and the county will stay below the NYS property tax cap.
The $1.47 billion budget proposed by Poloncarz will slightly reduce the property tax rate, from $4.71 per thousand dollars of assessed value to $4.43 per thousand.
However, due to reassessments, primarily in the city of Buffalo, the overall property tax levy(the …