How does our personal income tax liability equate to lowering our property tax which is based on the entire properties within said town/city/village. Again the problem doesn't stop just at Hobart-William Smith Colleges. Churches, Cornell Ext.(Experimental station) and associate properties are all exempt as well. When I left Geneva, the exemption rate was up to 55%. Again, you have a valid criticism but please do your homework before taking sole aim at just one target whereas there are many.As much as I hate to admit it, HWS colleges do add 40% to your local economy from August-May...ask any business, I did hoping to find some untruth to that fact.


http://www.tax.ny.gov/research/property/reports/exempt/10exrpt.htm

Formermac, are you trying to say everybody is doing it? It looks like they sure are. But Hobart claims to put in close to a quarter of a billion (Billion) dollars into Geneva's economy. How can such a small population (we, the people of Geneva) absorb all that money without getting very very rich, which we are not. It doesn't make sense. Was that figure offset by expenses city acquires.

This is deep deep, too deep for me. But it doesn't make sense. Do we know what those other Gamers claim they contribute? Cornell for instance, the Hospital. What a racket. If they're all bringing in the same for us, why we must be getting close to $2 Billion in benefits! But we're not, or very little is trickling down.

What I am saying, how can any entity sustain itself when the very policies, in this case property taxes but now becomes an exemption due to the hopeful advantages that seldom materialize.Other entity being exempt are regulated by State and Federal laws. Hobart has taken unfair advantage of this law by buying up previously privately owned property but so has other entities. Two of the nicest homes on Maxwell Ave. a few years back were owned by a local church & the experimental station....tax exempt. A remedy may call for State and Federal exemption rules to be change because of the damages being realized not just for Geneva but all across the country.



http://www.osc.state.ny.us/localgov/pubs/research/propertytax_exemptions.pdf

and how much does HWS take out of the local economy?
one property HWS has off the tax rolls has an assessment of nearly $5 million
care to tell us how much the taxes would be on that one property?
that is only one property out of the 200+ acres they have off the tax rolls

charge him a room tax

Good question Blue, I did my homework and did some research in regard to the advantages and disadvantages, thus my reservation at total criticism. Maybe you'll benefit by taking the stance of getting your ducks in a row and research, outlandish nonsense don't make things so because you conceive it in your mentality.

and what is the dollar amount?

Beware those who follow the law (Hobart etc) , but lack a moral sense of right and wrong. These men (usually) sit in the front row at church. They see the injustice of their greed, but they follow the law as long as it favors them.

I see that we are as usual getting into this nonsensical rhetoric which I am not going to engage my self in being that you have the same resources and hopefully intellect to research for yourself but we all know that research has the tendency to dispel misconceptions, lies, falsehood and half truths. Now heres a list of people I've talked to when I lived in Geneva.

Coles Muffler
Geneva Foreign and Sports
Every Gas Sation
Frank Wheeler Auto Repair
Mom burger Deli
Daves Auto
Nonna's Restaurant
Ramada Hotel
Hampton Hotel
Wegmans
Tops
Walmart
BJs
JMarsh Auto
Kost Tires
Denny's
Ling Lings Restaurant
Geneva on The lake
Belhurst Castle
Eddy Obriane
Marks Pizza
Uncle Joes
Club 86
Red Dove
Belhurst Castle

I can emphatically state that I've talked at some time or other over the years as to how much business comes from college students and their parents. Now it's up to you to become somewhat nosy in ascertaining any of these establishments personal revenue.

I'm told that Geneva's population is around 13,000 local residents.
This link states that HWS colleges adds a sizable amount of people to the mix. Do we assume that these people buy & rent locally along with the locals?

https://www.cappex.com/colleges/Hobart-William-Smith-Colleges

that does not look like a list of people

we just need the dollar amount of 40% more money into the local economy as you stated in your pior post

and what is the dollar amount?

I'll repeat what I've stated in the 401K topic to you.


Am I assuming your lack of education? yeah! because the intellect and mannerism defies any standards garnered by most educated individuals. No disrespect, I see little in regard to you acting like an adult.

you have to take the number that you say they add to the local economy then subtract the amount that they extract from the local economy and that is the true amount

see 55% poverty in geneva

????????????????

http://en.wikipedia.org/wiki/Wisdom

you stated 40% influx from HWS but you fail to back it up with any numbers

here is a number 55% poverty in geneva

and the reason you moved out of geneva...
you stated you moved due to the high taxes

why are there high taxes...

larging in part to the 70% tax exempt like HWS

did you speak with the 55% at the poverty level?

Nope, I sold 3 properties that I owned in Geneva while living in Interlaken NY due to the fact that I built a house in Cranberry PA. after retiring and going wholly as a license electrical business. Now for you edification, I can and will respond to questions when they are asked in a manner sounding more intelligent than a 4 year old in a grocery store begging for candy.

Where did you come up with 55%, BZ?