Legislators announce tax reduction despite increasing county expenses
Most Steuben County property taxpayers will see a significant drop in their taxes in 2023, with county legislators approving the county’s spending plan of $227.1 million Monday in special session.
The 2023 budget carries a tax levy of $52.3 million and a drop in the average tax rate of more than 5.5 percent or 43 cents per $1,000.
Actual tax rates depend on each municipality’s valuation which is determined by a complicated state formula.
While the county’s operating costs continue to rise, driven by state mandates, costs were offset by a $2 million boost in sales tax revenues, the tax levy and the county fund balance.
Key increases in next year’s budget are public safety costs which have steadily increased a total of 35 percent during the past five years, with the proposed 2023 increase up 10 percent compared to the current year. Salaries and benefits also are higher, due to wage increases and benefits.