NewsLocal News

Actions

Buffalo property assessment making some fearful of potential tax hikes

Posted at 11:37 PM, May 29, 2019

BUFFALO, N.Y. (WKBW) — Buffalo is having its first property reassessment in over ten years, which will raise the value of many homes in the city, something some are fearful of.

"Everyday I wake up and wonder if I'm going to have to leave" Anthony Gorny, a property owner in Parkside said.

Some areas could see increases of up to 300% according to PUSH Buffalo. Coming from the development boom seen in the city.

"We have the great Buffalo renaissance a lot of really wonderful things are happening but a lot of people still live in poverty" Jonathan White of the Allentown Association said.

The fear is, when taxes increase, many people who have lived in the neighborhood for years will be priced out.

"That really tears away at the fabric of the neighborhood when you take the oldest folks out of the neighborhood" John Washington, of PUSH Buffalo said.

One way around that, is doing a fixed income model that would only tax people based on how much they make. This would have to be allowed by NYS legislature and the Buffalo Common Council.