When the City can’t make their budget who pays the bill, the Home owner.
When the city tears up the roads with the DPW trucks who pays for the oiling, the Home Owner.
The Home owner looses every time in NY, because any rebate they were expecting to receive will now be in the form of a higher property tax burden.
When the Home owner is late on their water bill after the first of the year, the City will call this arrears and place a small portion of that bill on the home owners property taxes and call it water rent, just to make the home owners escrow payment even higher and to force them into paying the Department of Water on time after the first of the year just to avoid this scam charge. That is the only way this benefits the City because to wait a year for pennies that they could have had now just doesn’t make any sense. Even scammers don’t have it this good.
This is the wonders of being a Home Owner in NY State. You cringe every time your new tax bill is due to arrive, your problems are not with paying the Mortgage payment, but with paying your escrow payment. It’s just like having an adjustable rate payment on a thirty year fixed loan!
New York State places an incredibly high and unfair property tax burden on it’s Home Owners. If your a first time home buyer and you think your getting a good deal because the property here is really cheap, don’t make that purchase, because the entire burden of the State will be coming out of your pocket, and all you will have left is your home.
If you haven’t received your Property Tax Rebate check yet, contact the New York State Tax Department at (518) 453-8146.