O
Tompkins County
← All issues
taxes budgetMedium priorityopen

2026 Assessment Roll and Equalization Rates for 2027 Taxes

Tompkins County

Summary

The county fixed assessments this year and adopted a 95% equalization rate, meaning any change in next year's tax bills comes from the tax levy, not assessments. About $5.7 billion of property in the City of Ithaca and Town of Ithaca is tax-exempt, a persistent concern.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Aug 11, 2026.

Impact analysis

💰Financial impact

Sets the $12.3 billion full-value base used to apportion 2027 county taxes; the 95% rate itself is bookkeeping and doesn't change tax bills.

✅Who benefits

All property owners, who this year should see tax changes driven only by the levy, not assessment swings.

⚠️Who could be affected

City of Ithaca and other taxpayers affected by the large exempt-property share of the tax base.

Mentions & discussions (1)

We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.

The weekly brief for Tompkins County

What the council decided, in plain English — one email a week.

Free. Unsubscribe with one click any time. We never sell your email.