Tag: Local Government

New York State has a new law capping annual increases in local government and school district property taxes. Effective in local fiscal years starting on or after Jan. 1, 2012, the law limits the annual growth of property taxes levied by local governments and school districts to 2 percent or the rate of inflation, whichever is less. Read More

Suffolk County lawmakers are shocked -- shocked! -- to learn that someone has been gambling with the county government's fiscal future. It's a full-blown "emergency"! In the words of County Executive Steve Bellone, the resulting problem is "larger than any of us imagined." Read More

Mike Spano was elected mayor of Yonkers last fall with the strong support of municipal labor unions. Now the state's third largest city is on the brink of fiscal disaster -- and Spano must persuade his labor friends to make significant contract concessions. Read More