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Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
Nov 26, 1976
Page
3
In 1849 Greenbush resident William Van Rensselaer resisted taxes as assessors still valued property well below its true market price. The oath they signed to justify valuations echoed today’s fights over full value assessment, a principle opponents say requires far more workload and money.
State equalization rates in Rensselaer County continue to shrink as most subsessors fail to keep pace with rising property values. The New York State Board of Equalization and Assessment sets these rates yearly, distorting true market value in a given tax take.
Letters to a Troy NY column share a quest for a Virginia Reel call and detail the Rensselaer County tax system. Discussions explain equalization rates, fractional assessments, and a 100 percent assessment push with court rulings affecting Islip and other towns.
Learn how to estimate market value by dividing the assessed value by the state equalization rate for your area. The guide provides examples and a county list of rates from Rensselaer County, noting the 1972 and 1973 price levels.
Coinword Puzzle No. 1120 lists ten semifinalists who qualified by identifying five key words to win a $500 jackpot. The roster includes Mary Brown, Troy Ronald A. Clérek, Troy M. Denny, Troy L. Ford, Troy R. S. Hydord, Troy Susan Hussey, Troy Florence Leath, Troy Harriet Long, Troy Jim Long Jr., and Troy Bill McGinis.
New York State Electric and Gas Corp proposes higher electric and gas rates to reflect rising costs of labor materials and construction. If approved, electric rates would rise about 10 percent and gas about 5 percent annually, with typical bills increasing about 4.60 monthly for electricity and 4.09 for gas. Public hearings and PSC review expected before any new rates take effect, with potential implementation after as much as 11 months.
The Van Rensselaer family faced bitter land disputes as Stephen Rensselaer died in 1839 owning vast tracts around Albany and Rensselaer counties. William Van Rensselaer pressed indentures demanding wheat and hens from tenants while fighting taxes. the system fueled the anti rent wars of the 1840s and violence continued into the 1850s. Abram Witbeck, once sued by William, was later killed on his Greenbush farm in 1860.
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