Watch the full News Conference Here: https://www.youtube.com/watch?v=X-oBJuHh3Mc
Following four consecutive County property tax cuts, Westchester County Executive George Latimer is highlighting the success of the County’s tax share back program. Westchester County receives a four percent sales tax, which is similar to neighboring counties. However, Westchester County chooses to share back 30% of its sales tax with local municipalities and school districts, more so than most other counties in the region. As a result of Westchester’s tax sharing, several of the County’s cities, towns and villages have been able to hold the line or reduce taxes in their communities, providing much relief and improving the overall quality of life for Westchester’s residents.
Latimer said: “When compared with some of our neighboring counties in New York State, Westchester County is one of the most generous in terms of the tax percentage it shares back with our local municipalities. Westchester shares 20 percent to our local municipalities and 10 percent to our school districts, while some counties do not share back any percentage of its sales tax at all. Today, I want to applaud those municipalities who have used this tax sharing program to their advantage, producing substantial decreases in property taxes for their respective communities.”
When Latimer first came into office in 2018, the total County property tax levy was $559,391,937. After four consecutive County property tax cuts, the total County property tax levy in 2023 is $542,196,226.
Of the 45 municipalities in Westchester County, 41 have benefited from Latimer’s tax share back initiative. Latimer is highlighting the following communities who have used the County’s sales tax sharing to reduce property taxes since 2019:
- Greenburgh – Kept taxes flat for 2020, 2021, 2022 and 2023
- Harrison – Lowered taxes in 2020 and 2021, and kept taxes flat for 2022 and 2023
- Somers – Lowered taxes in 2020, and kept taxes flat in 2021, 2022 and 2023