Library
Select a TopicSearch
Erie County Sales Tax
Victoria Volk — May 4, 2009
The Erie County sales tax rate is 8.75%. It is a general sales and compensating use tax which is levied on all taxable retail sales in Erie County. Of the total 8.75% tax collected by the State of New York, 4% is retained as State revenue and 4.75% is returned to the County. The county tax base rate is 3%. However, Erie County has received authorization to add an additional 1% in 1985, and then an additional 0.75% in 2005-2006.
View .PDF
Erie County Property Taxes
Greg Michalek — May 2, 2009
It is a tax on the assessed value of real property. Typically set by school boards, town boards, village boards, and city and county governments. Applies to both homeowners and businesses, although rates and exemptions may differ. Each board determines the total amount of taxes it needs to raise, and then divides that number by the total taxable assessed value of the jurisdiction to determine the tax rate. Your share of the tax is calculated by multiplying the tax rate …
View .PDF
City of Buffalo Property Tax
Victoria Schmidt — Apr 26, 2009
The property tax is essentially a tax placed on property owners by the municipality. Cities outside of New York City may use only revenue sources authorized by New York State, and the property tax is one of those few sources. The property tax is based on the value of the property. The tax is calculated by multiplying a property’s taxable assessment by the tax rate that applies to the tax jurisdiction where the property is located.
View .PDF
Alternative Tax Strategies for Local Governments
Robert Coly — Nov 18, 2008
During the fiscal year 2004-05, New Yorker’s paid approximately $111 billion in state and local taxes. Of this total, local taxes accounted for 55% or $61 billion. Local tax revenues come mainly from the property tax and sales tax, which account for $34 billion and $10 billion, respectively. Taxes are important to development for two reasons. First, the tax burden on low and middle class families affects local citizen’s standard of life, access to affordable …