Low inflation is making New York's property tax cap tighter. The 2011 state law placed a 2 percent limit on how much a school district or municipality can raise its property taxes in any given year. But the actual limit varies each year and is Read More
Category: Media Coverage
Gov. Andrew Cuomo wasted no time in reaching a conclusion about New York's property tax cap. Last September, only months after local governments and school districts had their first go-round with the cap, the governor issued a laudatory report. "I Read More
A resident's comments regarding an early proposal on having the Chautauqua County Sheriff's Department take over police protection from the village department made us chuckle. "I am sick of 'saving money;' first we were going to 'save money' by ge Read More
In the second year of New York state’s property tax cap, proposed school district budgets for 2013-14 will be subject to an average tax levy increase limit of 4.6 percent. That’s more than double the publicly perceived cap of 2 percent, according Read More
Some 175 Metro-North employees racked up $50,000 or more in overtime last year, fueling a six-figure bonanza for track workers, conductors and engineers while the commuter rail sticks riders with the tab for closing its $26 million budget gap by hiki Read More
When it comes to effective property-tax rates—the amount of taxes divided by a home’s value—western New York property owners pay more than any other area of the state, according to data released today by the Empire Center for Public Policy. Read More
Local school districts continue to chafe under the constraints of the state’s 2 percent annual cap on tax-levy increases, and rightfully complain they are still waiting on Albany to delivery mandate relief. Taxpayers likely have a different thought Read More
