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Quarter of property value in N.Y. is tax-exempt, DiNapoli says

Rochester Business Journal
October 23, 2013

More than 25 percent of New York State real estate is exempt from property taxes, a report released Wednesday by state Comptroller Thomas DiNapoli says.

The full value of the exempt properties is $680 billion, increasing to $826 billion after factoring properties exempt from more than one type of local government or school district taxes, the report said.

“In an era of limited resources, the impact of property tax exemptions complicates the financial picture of our local governments,” DiNapoli said in a statement.

“In localities with higher exemptions, taxable property owners are often carrying a much higher burden. Local leaders will need to continue to find creative ways to offset these exemptions and must carefully weigh any decision to offer new exemptions.”

The report does not break down exemptions by municipality or county. A chart included with the report shows a range of 8 percent to 20 percent of Monroe County properties being exempt.

Exemptions in Orleans County also are in the range of 8 percent to 20 percent, the chart shows. Genesee, Livingston, Ontario and Wayne counties are in the range of 20 percent to 25 percent.

Rensselaer has the highest percentage of exempted property among cities, at 65 percent, followed by Ogdensburg at 64 percent, Salamanca at 63 percent, Ithaca at 62 percent, and Troy and Albany at 59 percent, the report shows.

Syracuse is at 51 percent and Buffalo is at 37 percent, the report shows.

Tompkins has the highest exemption percentage among counties at 40 percent, followed by Seneca and St. Lawrence at 38 percent, Lewis at 37 percent and Niagara at 36 percent.

(c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email

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