OSWEGO â The 2021 spending and revenue plan adopted by Oswego County lawmakers Thursday night is set to cut property taxes by about 3 percent.
The Oswego County Legislature approved the more than $213 million spending plan by a vote of 23-2, with unanimous support from the Republican super majority and opposition from the legislature s two Democrats. The generic tax rate will fall to $7.48 per $1,000 of assessed value under the spending plan, a 2.9 percent decrease from the $7.70 in the 2020 plan.
Owners of a property valued at $100,000 would pay roughly $748 in county property taxes, a savings of about $22 from the $770 the same property owner would have paid in the current year. The $7.48 per $1,000 rate does not include town, village, city or school taxes, and actual property tax rates can vary in each municipality based on a variety of factors.