A Recent Article . . .
A Recent Article . . .
A recent article in The Riverhead News-Review that claimed Riverhead's taxes were much higher than East Hampton's had us scratching our heads.
The article said that a Riverhead resident living in an average house, which it valued at $150,000, was paying more than two and a half times the property tax an East Hamptoner who owned a $150,000 house would pay. This conclusion was based on an analysis that took into account state equalization rates, which show the percentage of true market value at which the various towns assess properties.
After talking with East Hampton's Assessors and with Laverne Tennenberg, who heads Riverhead's Board of Assessors, however, the comparison seemed misleading.
"For one thing," said Ms. Tennenberg, "you're not talking about the same house. A $150,000 house here will be 1,800 square feet and on a half acre. In East Hampton, it will probably be 800 square feet on a quarter acre lot near the railroad tracks." By that measure, the supposed variance in taxes may not be as inequitable as it first appears.
Riverhead and East Hampton are quite different. One's largely a working-class town; one's a resort with a larger tax base whose part-time homeowners now outnumber year-rounders.
Ms. Tennenberg told us that Riverhead "would kill to have your seasonal homes with owners who don't send their kids to school and require little in the way of services."
They add that the average house here is more likely to be worth $250,000 rather than $150,000, which means that Riverhead's taxes may be completely within the means of the owners of $150,000 houses, while those who own $150,000 houses here have a lot less money with which to support government services.
To our surprise, 25 percent of the land in Riverhead is off the tax rolls, while only 10 percent is off the rolls in East Hampton, according to the Assessors. While the large amount of land that can never be developed will help Riverhead limit the services it has to pay for, it also contributes to the fact that Riverhead's overall assessed value is lower than ours.
Facts such as these mitigate against any attempt, even an even-handed one, to compare the two towns on the basis merely of numbers.