Facts for Voters
When: From 9 a.m. to 7:30 p.m. Tuesday, Dec. 5, 2017
Voters will be asked to vote on the following question:
Do you approve of the 2018 budget of the Seymour Public Library District in the amount of $991,318 of which $796,000 will be raised by a property tax levied against real property within the district?
Where: At the library, 176-178 Genesee St., Auburn
Who is eligible to vote: All registered voters in the library district are eligible to vote on the budget. The library district consists of the city of Auburn, the town of Owasco, and the portions of the towns of Sennett and Fleming that are within the Auburn Enlarged City School District. Voting will be by paper ballot, and names will be checked against voter registration lists.
The budget in brief: Like other local governments and school districts in New York State, the library district is subject to the rules provided for in the Property Tax Cap law for calculating how much the district can levy in taxes to support operations. Unless there is a vote to override the Tax Cap, the library district must stay within the tax limit that is calculated using a formula provided for by the Office of the State Comptroller.
The library currently collects $780,000 of its revenue in property taxes. Staying within the Tax Cap, the district would collect $796,000 in property taxes under the proposed 2018 budget.
The proposed budget will enable Seymour Library to maintain the current level of services and cover a modest increase in total operating expenses since voters last approved the 2017 budget.
How do I calculate my library tax? The library tax is apportioned among each of the 4 municipalities in the district. Each municipality’s share is then converted to a tax rate per $1,000 of assessed value. Tax rates vary by municipality because each assesses property at a different percentage of full market value (note: equalization rates listed below). For example, Auburn currently assesses property at 100% and Fleming at 36%. The tax rates below reflect that adjustment.
To calculate the library tax on a property, you need to know the property’s assessed and taxable values which can be found on the current year assessment roll or by looking at your most recent school tax bill. Property assessment information is also found on the Cayuga County Office of Real Property Tax Services website: http://www.cayugacounty.us/Departments/Real-Property