The Daily Gazette
The Locally Owned Voice Of The Capital Region

Johnstown budget plan carries 1.5 percent property tax increase

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The city of Johnstown’s tentative $11 million budget for 2013 would increase property taxes by approximately $26 for a homeowner with a house assessed at $100,000. This translates into a 1.5 percent increase, equal to 26 cents, bringing the tax rate to $17.49 per $1,000 assessed value. Under this plan, the total tax bill on a $100,000 house would be $1,749. The budget carries a tax levy increase of 4.60 percent, to $4.7 million, which ...

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