1 / 9

Health, History, Horses… and How it Effects Saratogians

Health, History, Horses… and How it Effects Saratogians. By Paul Butrico. Main Focus. Property Tax A tax assessed on real estate by the local government. The tax is usually based on the value of the property (including the land) you own. Revenue

saskia
Download Presentation

Health, History, Horses… and How it Effects Saratogians

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Health, History, Horses…and How it Effects Saratogians By Paul Butrico

  2. Main Focus • Property Tax • A tax assessed on real estate by the local government. The tax is usually based on the value of the property (including the land) you own. • Revenue • Income. Amount of money received by company or organization.

  3. Concepts • The City of Saratoga Springs has to collect a certain amount of revenue each year. • The more money Saratoga brings in from resources other than property taxes the less Saratogians have to pay. • Based on a percentage.

  4. Health • Due to Saratoga’s Unique Springs, Saratoga draws a large number of alternative medicine practitioners. • Massage therapy • Acupuncture • Chiropractic • Spas • Roosevelt Baths • All of the above have to pay the city for licences, building permits, etc.

  5. History • Many of Saratoga’s attractions focus on Saratoga’s history. • National Museum of Racing and Hall of Fame • National Museum of Dance and Hall of Fame • New York State Military Museum • Gideon Putnam Resort • Yaddo Gardens

  6. Horses • Horse Racing is the most influential part of Saratoga’s economy. • Revenue generated by Horse related subjects • Race Track: $32,142.06 (2012) • NYRA Admissions: $449,389.87 (2012) • Casino and Raceway: 156,000,000* (2011) * Casino and Raceway revenue only, not money given to city.

  7. Other • Other notable sources of revenue. • Building Permits: $267,112.13 (2012) • Sales Tax: $7,563,191.53 (2012) • Franchise: $470,568.42 (2011) • Hotel Occu: $375,633.75 (2012)

  8. What it all means • Saratoga Springs total property tax collection: • $15,547,135.66 (2012) • New York State’s Average Property Tax: • $3,755 • Saratoga’s Average Property tax: • $3,060

  9. Citations • http://www.saratoga-springs.org/index.php?option=com_remository&Itemid=67&func=startdown&id=3191 • http://www.investopedia.com/terms/ • http://www.casinocitytimes.com/news/article/saratoga-casino-and-raceway-report-record-revenue-year-200582 • http://governor.ny.gov/citizenconnects/?q=reforminggovernment/propertytaxmap#

More Related