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mailmanGreat Article by Dan Veaner "Lansing Schools Consider More Tax Exemptions" dated 13 Oct 17. Though all the facts were presented, believe it did not break down the true impact to the community, annual increase to the non veteran exemption property owners, if approved and implemented.

The true impact for $6,000/9,000/20,000 level $2,099,700 of taxable value which would come to $43,497 in actual tax dollars would be 0.06 increase rate (translated $10.88 annual increase), $9,000/15,000/30,000 level $3,097,450 of taxable value which would come to $64,167 in actual tax dollars would be 0.08 increase rate (translated $15.61 annual increase) and $15,000/25,000/50,000 level $4,963,795 of taxable value which would come to $102,829 in actual tax dollars would be 0.10 increase rate (translated $20.24 annual increase).

Overall, all three options have minimal impact within the community considering the enormous sacrifices by our Veterans & their Families.

Bill Howard
Lansing, NY
v13i42
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