The Daily Gazette
The Locally Owned Voice Of The Capital Region
Advertisement
Promotions

Grant increase expands paving in Schenectady

Infusion to fund 1.5 extra miles

Text Size: A | A

A gift from the federal government is going straight to Schenectady’s roads. The government decided not to cut Schenectady’s Community Development Block Grant by 5 percent, as city officials had been warned. Instead, Schenectady got a raise. The city received $277,713 more in CDBG than it received last year. “It’s just the federal formula. And it fell in our favor,” said Development Director Richard Purga. The City Council must now decide what to do with ...

You Must or Subscribe to Continue
subscribe to the Daily Gazette
Individual stories can be found and purchased from our Archives for $2.00

Enjoy this story? Share it!

Advertisement

comments

artbarb
July 23, 2013
12:56 a.m.

[ Flag Post ]

do you think hope this will change the trend of real estate in Schenectady? Do the city's HIGH tax values allows it to assess a lesser tax rate to collect the necessary revenues and NOT be in voilation of the Tax Cap! ?

let's have some discussion and citizen involvement on this subject:

--
--

Just open up zillow, put in your zip code .. see what has just sold in your neighborhood and REJOICE! at the above news snippet of rising home prices. After looking at the sale price, scroll down to see what the tax assessment is.
I'm going to take this above article to the Tax Appeal Hearing Officer with me next month for a great big laugh!
along with data such as the following .. which is so tedious to compile and so depressing as to make me very ill:
Is this a seller's market?
street # St Name date sold sale price tax value sold % less than taxed
131 Clayton Rd 7/9/13 72,500 107,500 -33%
252 Bradley Blvd 7/8/13 60,000 139,100 -57%
1173 McClellan 4/21/11 113,500 158,800 -29%
908 McClellan 6/29/11 6,700 97,900 -93%
1252 Keyes Ave 12/16/11 104,500 167,500 -38%
851 Central pkwy 1/11/12 80,000 136,000 -41%
1101 Dean St 2/29/12 48,000 116,400 -59%
1702 Lenox Rd 4/17/12 82,000 129,800 -37%
1801 Grand Blvd 6/22/12 98,000 165,100 -41%
1118 Earl Ave 8/8/12 95,000 124,800 -24%
873 Wright 8/14/12 150,000 184,700 -19%
1471 Lexington Ave 8/20/12 117,500 161,700 -27%
1522 Union St. 9/11/12 55,000 117,800 -53%
1603 Grand Blvd 12/4/12 117,500 161,700 -27%
1560 Grand 12/17/12 90,000 142,500 -37%
1871 Eastern Ave 1/18/13 75,000 161,200 -53%
873 Wright 3/14/13 55,000 163,200 -66%
1155 Phoenix 3/28/13 125,000 150,600 -17%
1101 Ardsley 4/11/13 150,000 185,000 -19%
522 Plymouth Ave 5/13/13 74,500 112,900 -34%
601 Bedford Rd 5/15/13 75,000 96,800 -23%
1230 Baker Ave 5/26/13 86,000 145,800 -41%
1470 Nott St FS 95,900 131,700 -27%
1149 Summer Ave FS 115,000 166,300 -31%
1972 Eastern Ave FS 125,000 140,600 -11%

Advertisement