Property Tax Rates
Village Residents pay property taxes to Albany County, Town of Guilderland and the Village of Altamont.
- The Town and County Property Tax is payable in January of each year.
- The Village Property Tax is payable in June of each year.
- Village Residents pay school taxes to Guilderland School District. School Tax is payable September of each year.
- The Village of Altamont 2020-2021 Property Tax Rate: $1.9658 per $1,000.
Total Village Budget for 2020-21 is as follows:
| Total | General Fund | Water Fund | Sewer Fund |
|---|---|---|---|
| $2,465,850 | $1,503,321 | $411,504 | $551,025 |
| Less Estimated Revenue - Other than Real Property Tax | $873,341 | $50,527 | $16,100 |
| Appropriated Cash Surplus | $329,887(*) | $35,977 | $109,075 |
| Balance of Appropriations to be raised by taxes | $300,093 (Property Taxes) | $325,000 (Water Rents) | $425,850 (Sewer Rents |
(*) - The Village Board approved a one-time $135,000 increase from the unappropriated fund balance to pay for the Fire House Renovation (Brick veneer repair, etc.). The project went out to bid two times in 2019-20 budget year. It was not awarded because the bids were too high. The project has not been completed to date. Also, the Crounse House (A1364.400) line increased to $50,000 to cover demolition costs, if needed.
For Tax Rates for Albany County, Town of Guilderland and Guilderland School Taxes, please visit the Town of Guilderland Website.