Rochester Beacon (https://rochesterbeacon.com/author/kent-gardner/)
Home prices have been surging here, a fact captured in the city of Rochester’s controversial recent property reassessments. When property values rise, it creates more wealth for homeowners—but a higher assessment does not necessarily translate into a tax increase.
The city aims to eliminate traffic-related deaths and severe injuries through a range of actions including enactment of a citywide 25 mph speed limit.
Statewide, a new report shows, industrial development agencies are involved in more than 4,000 projects with a combined value of $132 billion—and incentives equaling a net reduction in taxation for the private owners topping $1 billion. Is this a good investment for taxpayers?
The COMIDA board on Tuesday approved Topgolf’s request for financial assistance.
Should the County of Monroe Industrial Development Agency approve a more than $3 million tax break for a proposed golf-themed entertainment venue?
The Big Oak Driving Range and Golf Shop in Penfield has installed nine Topracer bays, each equipped with Topracer technology.
The hydrogen fuel-cell technology firm, which arrived with fanfare in 2021, has exited Monroe County. It derived little benefit from a package of state and local assistance, economic development officials say.
The principle behind the property tax is simple, but the arithmetic gets messy with many properties of varying and changing values—which is why reassessments like the one underway in the city of Rochester are necessary.
A large share of road fatalities is attributed to speeding and ignoring traffic signals. Should Rochester be using cameras to enforce traffic laws?
A federal court verdict against the National Association of Realtors and brokerage firms in a case brought by Missouri home sellers could result in a multibillion-dollar damage award and shake up the home sales industry.