(Tuesday, May 7, 2024) – As the City of Rochester prepares to unveil its fiscal year 2024-25 budget later this week, Mayor Malik D. Evans and a majority of City Council members today announced a citywide residential property tax rate decrease of 37.7%, from $17.84 to $11.11 per thousand, reflecting a $4.06 city property tax rate and $7.05 city school tax rate.

Mayor Evans is proposing to keep the tax levy flat for the third straight year, and with the increase in assessed values across the city, the drop in tax rate per thousand dollars of assessed value is the largest decrease in recent history.

“As we have promised from the start, the increase in property values across the city is a good thing for our residents, business owners and Rochester as a whole,” said Mayor Evans. “We are experiencing increased property values, an historic decrease in our property tax rate, and an increase in available tax credits from New York State.”

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