NORWICH - Property owners in most municipalities gained a slight reduction in taxes as Chenango County issued year 2007 tax rates for each of its 22 municipalities.
Coventry saw the sharpest decrease in its county general fund levy: down $5.74 per $1,000 of assessed valuation. The City of Norwich saw the highest jump, rising 58 cents. McDonough, Norwich and Pitcher also saw increases.
Smyrna was down $1.85 and Plymouth down $1.38.
Rates differed according to the equalization rate established by the state in each municipality.
TOWN 2006 RATE DOLLAR INCREASE ASSESSED VALUE
FOR 2007
Afton $15.82 ($1.05) $ 87,674,995
Bainbridge $15.64 ($1.02) $ 91,324,379
Columbus $18.32 ($0.70) $ 23,074,516
Coventry $18.36 ($5.74) $ 57,511,847
German $20.54 ($1.05) $ 9,336,114
Greene $19.46 ($0.55) $139,668,329
