Tax Cap = Budget OKs by Kenneth Girardin | NY Torch

The tax cap effect was on full display in yesterday’s school budget voting.

School budgets were approved at a record-high rate of 99.3 percent, adding to evidence that districts can live within a property tax cap set at either 2 percent or the prior year’s average rate of inflation, whichever is less.

More Earn Six-Figure Pay in NY Public Schools Press Releases

Twenty-two percent of public school teachers and administrators in New York school districts outside New York City—including about half in the city’s suburbs—were paid more than $100,000 during the 2015-16 school year, according to data added today to SeeThroughNY, the Empire Center’s transparency website.