Onondaga County Slashes Property Taxes by 9% in Ambitious Budget Proposal

Onondaga County Executive Ryan McMahon has unveiled a groundbreaking $1.5 billion county budget that promises to deliver significant relief to local taxpayers. The proposed budget includes a remarkable 9% reduction in property taxes, positioning Onondaga County as a leader in upstate New York's efforts to combat the rising cost of living.

Empowering Families in the Face of Inflation

Prioritizing Fiscal Responsibility and Economic Growth

Onondaga County's budget proposal reflects a strategic approach to managing public finances. McMahon emphasized the county's commitment to efficient operations and targeted investments, which have fueled robust sales tax growth. This growth, in turn, has enabled the county to reduce its reliance on property taxes, with the property tax levy accounting for less than 10% of the overall $1.5 billion budget."We've been running an efficient operation. We have been making strategic investments. It has helped sales tax growth that helps us reduce property taxes," McMahon stated. "Our property tax levy is only $146 million. Less than 10% of our budget comes from property taxes, but economic growth is what is driving this."

Delivering Tangible Relief for Families

The proposed 9% property tax cut represents a significant win for Onondaga County residents, who have been grappling with the challenges of rising inflation. By reducing the tax burden on homeowners and businesses, the county aims to provide much-needed financial relief and empower families to navigate the current economic landscape with greater ease."We've been running an efficient operation. We have been making strategic investments. It has helped sales tax growth that helps us reduce property taxes," McMahon said. "We have $1.5 billion operation here in our budget in 2025. Our property tax levy is only $146 million. Less than 10% of our budget comes from property taxes, but economic growth is what is driving this."

Setting a New Standard for Upstate New York

If the budget proposal is approved, Onondaga County will solidify its position as the county with the lowest property taxes among the larger upstate New York counties. This achievement underscores the county's commitment to fostering a business-friendly environment and enhancing the overall quality of life for its residents."If the budget, and that term specifically, is passed, Onondaga County will have the lowest property taxes compared to the other larger counties in upstate New York," McMahon stated.

Engaging the Community through Public Hearings

The budget proposal is set to undergo a public hearing in October, providing an opportunity for Onondaga County residents to voice their opinions and concerns. This transparent process ensures that the county's fiscal priorities align with the needs and aspirations of the local community."McMahon's budget will go up for a public hearing in October," the article notes, underscoring the county's commitment to engaging with its constituents and incorporating their feedback into the final budget plan.