Town of
Webb
Assessment Information

Assessment Information

2005
Exemption Information:
 

 

Other Information:

 

The tables below illustrate the Tax Rates for Town of Webb & Herkimer County for the current 2008 fiscal year and for the TENATIVE rates for 2009 based on the proposed 100% reassessment values. Please note that the TAX RATE is calculated by dividing the LEVY by the TAXABLE amount.

 

The 2009 Tax Rate Table is based on the Tentative Taxable value of all properties (before adjustments are determined by the Assessor following reviews) and the LEVY from the past year - not the actual LEVY which will be determined when the budgets, both County & Town, for 2009 are approved later this year. If either variable changes, the tax RATE will change as well.

 

2008 TAX RATES Table

 

 

2008 Taxable

2008 Levy

2008 Rate

Town of Webb

1,451,013,099

3,012,175.50

2.0759120

Herkimer County

1,452,490,375

9,358,168.90

6.4428440

 

 

2009 TENATIVE TAX RATES Table

 

 

2009 Taxable

2009 Levy

2009 Rate

Town of Webb

2,175,222,768

3,012,175.50

1.384766

Herkimer County

2,177,413,894

9,358,168.90

4.297836

 

Contacts:
Assessor
James Fresco
Town of Webb Park Avenue Building Offices
183 Park Ave.
Old Forge, NY 13420
Phone: (315) 369-6880
FAQs:
Uniform Percentage of Value
The percentage of market value (full value) used by an assessing unit to establish uniform assessments. This value must appear on the tentative roll. Real Property Tax Law Section 305 specifies, "all real property in each assessing unit shall be assessed at a uniform percentage of value..."
Taxable Status Date
The ownership and physical condition of real property as of this date are assessed (valued) according to price fixed as of the valuation date. All applications for property exemptions must be filed with the assessor by this date.
Residential Assessment Ratio (RAR)
A percentage established by the State Board of Real Property Services according to law, using the ratio of assessed value to the sales price for each usable residential sale in a recent one-year period. Ratios are then listed from highest to lowest; the midpoint (median) ratio is selected as the RAR. The RAR can be used to prove that a residential property is assessed at a higher level than other homes on the assessment roll. Your locality's RAR indicates at what percent of full value residential properties are assessed. For example, a RAR of 20 indicates that residential properties are assessed at approximately 20 percent of their full value.
Equalization Rate
"State equalization rate" means the percentage of full value at which taxable real property in a county, city, town or village is assessed as determined by the state board." (RPTL Section 102) The rate is a ratio of the sum of the locally determined assessed values for all taxable parcels for a given assessment roll divided by ORPS's estimate of total full value for that same roll.