WELLSVILLE-PROPOSED PROPERTY TAX IMPACT SCHEDULE
APPROXIMATIONS ARE BASED ON 2025 DATA
SEPARATE AGENDA ITEM:
The tentative budget includes a proposed tax rate increase that exceeds the certified tax rate
Approximate dollar amount of the ad valorem tax revenue increase $4,060
Approximate percentage increase in ad valorem tax revenue based on tax increase 1.12%
Purpose for the additional ad valorem tax revenue increase:
Enter purpose of tax increase - Wellsville City will be hiring a City Planner on a part time, contracted basis. The $4060 will be used in the Planning and Zoning budget to help pay for this position.
If Wellsville proceeds with the proposed tax increase, noticing will be provided in accordance with the Open and Public Meeting Act. A public hearing for the purpose of hearing comments regarding the tax increase and explaining the reasons for the proposed tax increase is scheduled for:
DATE: 8/19/2026 TIME: 6:10 p.m.
LOCATION: 75 East Main, Wellsville
2025 TAXABLE RATE VALUE 451,095,308
2025 BUDGETED PROPERTY TAX REVENUE
2025 CERTIFIED RATE $ 361,327 0.000801
2026 APPROXIMATE DOLLAR AMOUNT OF TAX REVENUE INCREASE
2026 APPROXIMATE PERCENTAGE INCREASE IN TAX REVENUE 1.12%
RATE DIFFERENCE 0.000009
2026 PROPOSED PROPERTY TAX REVENUE TOTAL $ 365,387 INCREASED RATE 0.000810
AVERAGE RESIDENTIAL MARKET VALUE l-e;; 578,741
AVERAGE RESIDENTIAL TAXABLE VALUE 318,308
CERTIFIED TAX $254.96
APPROXIMATE DOLLAR TAX INCREASE $2.86
APPROXIMATE PERCENTAGE TAX INCREASE 1.12%
TOTAL TAX $257.83
AVERAGE COMMERCIAL TAXABLE VALUE
1,016,791
CERTIFIED TAX $814.45
APPROXIMATE DOLLAR TAX INCREASE $9.15
APPROXIMATE PERCENTAGE TAX INCREASE 1.12%
TOTAL TAX $823.60
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FOR EACH DEPARTMENT BUDGET AFFECTED BY THE PROPOSED TAX INCREASE
Department:
Budget increase/decrease:
Operational impact if tax increase approved:
Notice of Special Accommodations (ADA)
In compliance with the Americans with Disabilties Act, individuals needing special accommodations (including auxiliary communicative aids and services) during this meeting should notify Leesa or Laurie at the Wellsville City Office contact phone number (435) 245-3686.