Villages see sales tax share fall as town assessments grow
Sales tax from county for villages falls $25K over 4 years
ALBION – The sales tax for the four villages in Orleans County – Albion, Holley, Lyndonville and Medina – has fallen by about $25,000 in the past four years because the assessed values of the towns are going up while the villages are shrinking in assessed value.
The county has a sales tax formula that freezes the share to the 10 towns and four villages at $1,366,671. That amount hasn’t changed since 2001, even though the sales tax has grown from about $9 million in 2001 to over $15 million.
However, the amount for the villages and the six towns with villages can vary annually as the assessed values change for the municipalities. If town values increase at a rate more than the villages, those towns with villages will get more of the village sales tax.
The share for the four villages in 2013 was $404,661 of the sales tax. The village share fell to $400,681 in 2014, to $398,111 in 2015, to $391,230 in 2016 and now the biggest drop yet, $379,265 for 2017.
The sales tax for the individual villages dropped the following from 2013 to 2017: Albion, $180,457 to $164,617; Holley, $47,595 to $45,671; Lyndonville, $15,626 to $15,316; and Medina, $160,988 to $153,661.
The villages’ loss has been the the gain for six towns, especially for the Town of Albion, which pocketed more than half of the total increase for the towns. Here is how the towns’ shares changed from 2013 to 2017: Albion, $111,754 to $124,978; Gaines, $85,317 to $87,933; Murray, $111,372 to $113,295; Ridgeway, $123,488 to $129,171; Shelby, $101,116 to $102,760; and Yates, $65,929 to $66,239.
The four other towns without villages did not have a change in their sales tax share. Those towns receive the following: Barre, $64,536; Carlton, $95,418; Clarendon, $116,261; and Kendall, $86,813.
Going back even farther paints an even more dismal picture for the four villages.
Since the county froze the share to the villages and towns, the village share peaked at $211,669.32 for Albion in 2004 (down about $37,000 to $164,617.48 in 2017). Medina dropped about $20,000 from $173,592.02 in 2002 to $173,592.02 in 2017. Holley hit a high of $62,549.14 in 2002 – 15 years later it’s down to $45,671.04. Lyndonville was at $18,591.94 in 2002 and has slid to $15,316.57 in 2017.