Are lower property taxes on the way? County Executive says "potentially"
After months of discussion, elected leaders throughout Onondaga County have approved a state-mandated shared services plan that is estimated to save millions of tax dollars.
Onondaga County's shared services panel (made up of the County Executive, Syracuse's Mayor, 19 town supervisors, 15 village mayors, and 18 school district superintendents) met on Wednesday, and approved several pages of proposals aimed at consolidating different functions within municipalities in order to cut costs.
In April, Governor Andrew Cuomo, D-New York, signed into law a policy that requires the Chief Executive in every county to bring together the heads of cities, towns and villages, to come up with plans to share services. It's all in an effort to reduce property taxes, which are some of the highest in the country, according to the Governor. Savings generated from agreements made during this process would be eligible to be matched by state money.
Projected savings for sharing services in the short term could save as much as $4 million. One example included in the plan, is for the Town of Salina and Onondaga county to construct a single highway facility that would house trucks for both levels of government. The idea is estimated to save $168,765 in its first year.
But when could the savings show up in your property tax bill?
"Once we have contracts in place and start sharing things, we go through 2018 and show the state at the end of 2018, we did what we said we were going to do and we realized these dollars in savings," County Executive Joanie Mahoney, R-Onondaga, said. "At the very beginning of 2019 we plan on the grant money to start flowing from the state. There is $5 million dollars in savings and a $5 million match from the state."
View the whole plan below.
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