How much each household contributes to the library’s tax levy is based on assessed property value. The following table illustrates what a 4% increase would mean for a range of property values, as well as the new annual totals for these properties. The average and median property values in the school district are $348,932 and $225,000, respectively.
Town of Skaneateles* Assessed Property Value |
$200,000 | $400,000 | $800,000 |
Current library levy | $37.06 | $74.12 | $148.24 |
Increase per household | $1.48 | $2.96 | $5.92 |
Total per property with 4% increase | $38.54 | $77.08 | $154.16 |
* Values vary slightly but are very similar for the municipalities of Owasco, Spafford, Skaneateles Falls and Sennett—portions of which are also in the Skaneateles School District.