One important factor in understanding taxes and developement in Cornwall is how much land is actually on the tax rolls.
Cornwall is approximately 18,000+ acres and approximately one-third (1/3) or more of that land is not taxable.
🌳What makes up non-taxable land? 🌳
State & Protected Land (largest share):
- Includes ares like Storm King State Park & Black Rock Forest
- Conservation easements and undevelopable terrain.
Public Property:
- Schools
- Town & village buildings
- Roads & infastructure
Non-profits & Other Exemptions:
- Churches
- Cemeteries
- Organizations
Roughly 36% of Cornwall does not generate property tax revenue.The remaining properties then carry the tax burden which affects tax rates, housing affordability and budget planning.
When we talk about taxes, housing, or development, this is an important piece of the puzzle. It’s not just about spending- it’s also about the size of the tax base supporting the town. Interestingly enough, this open space was what participants at the Comprehensive Plan public forum claimed was one of the most appealing aspects of life in Cornwall.
Open space matters to Cornwall.