Tax cap sausage still in grinder? by E.J. McMahon | NY Torch

Based on initial descriptions, the delayed end-of-session "big ugly" package deal announced Tuesday afternoon by Governor Andrew Cuomo and legislative leaders is simply confounding on the subject of property taxes.

Although Cuomo and Senate Republicans both said they wanted to make the state's 2 percent property tax cap permanent, the cap apparently will be extended only temporarily.

Duffy: RBA calling for permanent property tax cap in New York Rochester Democrat & Chronicle

In 2010, the median property tax paid in Monroe County was $4,035 — almost twice as much the national median of $2,043. In fact, Monroe County real estate taxes as a percentage of home value ranked second highest in the nation out of 806 counties. The same is true across the region. The median property tax paid in Livingston and Ontario counties each exceeded $3,000.

“Warning”: taxes might not rise by Kenneth Girardin | NY Torch

Don't look now, but given current inflation trends, next year's school property tax cap may be ... zero!

That's the message of a statement released last week by the Educational Conference Board (ECB), a coalition of groups representing public school administrators, school boards and—last but hardly least—the New York State United Teachers (NYSUT) labor union.

The ECB's "warning" was meant as an inside-the-Albany-bubble scare tactic, but for most New Yorkers, it's good news: further confirmation that the tax cap is working exactly as intended.

Editorial: Tax-cap turnabout Rochester Business Journal

A couple of years ago, when New York’s property tax cap had been through only one school-budget cycle, many people were ready to give the cap a thumbs-down. In an RBJ Daily Report Snap Poll conducted at the time, nearly 60 percent of respondents disagreed with Gov. Andrew Cuomo’s assessment that the law was a “tremendous success.”

That was then.

Schools warn of no-growth tax cap next year Media Coverage

ALBANY – New York's tax cap limits the growth in property taxes to 2 percent a year or the rate of inflation, whichever is lower. So next year, because of low inflation, the tax cap could be at or near a zero percent increase, school officials are ...