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. Read More
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 Read More
Salaries for teachers and administrators increased 7.2 percent over the past four years as school districts have sought to trim costs amid declining enrollment and growing costs. Read More
According to Empire Center’s annual Benchmarking NY report, the town with the highest property tax in New York State goes to Binghamton. Data from the state comptroller’s office to calculate effective tax rates for thousands of localities across New York. Read More
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. Read More
Michael Israel was paid $1.85 million last year as president and chief executive officer at Westchester Medical Center, which topped an annual ranking of payrolls at public authorities in New York. Israel, who has headed Westchester Medical in Valhalla since 2005, has been the highest paid two consecutive years, having received $1.54 million in 2013, according to the rankings by the Empire Center, a fiscally conservative think tank in Albany. The figures reflect base salary and other compensation, such as bonuses. Read More
The president and CEO of Westchester County Health Care Corporation, which operates Westchester Medical Center, was paid $1.85 million during 2014, making him the highest salaried official of any whose salaries are reported to the State Comptroller’s Office. Read More
Nearly 60 percent of respondents to this week’s RBJ Daily Report Snap Poll say New York’s property tax cap should be made permanent. Another 31 percent would support that move if it were tied to mandate reform. Read More