Utica residents left out of scramble to file property taxes early

UTICA, N.Y. -- Residents in the city of Utica are left out of the opportunity to file local property taxes early.

Posted: Dec. 28, 2017 6:40 PM
Updated: Dec. 28, 2017 6:54 PM

UTICA, N.Y. -- Residents in the city of Utica are left out of the opportunity to file local property taxes early.

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Under an executive order signed by Gov. Andrew Cuomo, New York taxpayers are allowed to file their property taxes before the GOP plan goes into effect on January 1st. 

The goal is to afford those who would normally itemize their deductions one more chance to claim state and local taxes before they are capped at $10,000.

However, the unusual way Utica's fiscal year is structured prevents residents from cashing in on that benefit.

"Our fiscal year is April 1st to March 31st," City of Utica Comptroller Bill Morehouse said. "In part of the governor's release was, that the feds are not going to recognize it unless there's a tax warrant or a budget in place. Since we do not have a budget in place, and therefore no tax warrant, unfortunately, we have no mechanism to take the tax payments."

Although Uticans won't receive this one-time benefit, Morehouse is optimistic the difference will be made up through the new tax policy. 

"There's a lot of confusion, but I think what people are going to find is that for the middle class, you're going to find more money in your paycheck and you're going to get more money back at the end of the year," Morehouse said.

Cuomo signed the executive order to allow high-earning taxpayers to double up on deductions.

"If the rich pay and the rich leave, that means taxes for everyone else goes up," Cuomo said.

"We were promised by President Trump that this would be a tax relief for everyone, and I certainly, for myself, don't feel I am getting benefited," Sunil Motta, a New Hartford resident said.

"I'm not hopeful that the new tax laws are really going to be helpful, especially to younger couples," Carl Graziadei, a Whitestown resident said.

However, Morehouse believes the burden lies on Albany's back.

"You know what Governor Cuomo really needs to do is lower the state income tax," Morehouse said. "That would help the people immensely in the state of New York."

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