Delivering on his biggest 2010 campaign promise, Gov. Andrew Cuomo has sent the Legislature a bill capping annual growth in property tax levies. The state Senate was expected to pass the bill as early as Monday, Jan. 31–the day before the governor presents his first Executive Budget.
E.J. McMahon of the Empire Center analyzes the importance of the cap proposal in the New York Post.
About the Author
You may also like
Median Teacher Pay Exceeds $100K in a Quarter of NY School Districts as Federal Funding Cuts Loom
A total of 186 out of 685 school districts outside New York City last year had a median classroom teacher pay over $100,000, according to , the Empire Center’s government transparency website, up from 159 five years earlier.
All eight Rockland Coun Read More
New York Property Tax Calculator 2021
New York’s property tax rates are generally among the highest in the nation. Specific property tax burdens vary widely throughout the state. Read More
Benchmarking New York 2021
To help New Yorkers compare certain basic fiscal measures for local governments, the Empire Center has calculated effective property tax rates and per-capita values for the spending, debt and tax levels throughout the state. Read More
Kathy Hochul’s call for 5.4M Republicans to leave New York is dangerous and disgusting
Gov. Kathy Hochul, who hasn’t proven shy about issuing orders, had one for the state’s Republicans this week Read More
Don’t Mess with the Tax Cap
The property tax cap has an extraordinary record of restraining tax hikes without unduly straining education budgets. Read More
Benchmarking New York
New York State residents pay some of the highest local taxes in the nation. Read More
Altered State: A checklist for change in New York State
This paper describes seven core objectives and offers specific policy recommendations toward their accomplishment. It’s by no means an exhaustive list, rather a good place to start work towards an Altered State with a growing economy, a more efficient public sector and new opportunities for an engaged and informed citizenry. Read More
Report Reveals Albany’s Balanced Budget a Gimmick
Extending the budget window reveals large, yawning budget gaps growing from nearly $8 billion in 2026 to nearly $20 billion by the end of the decade. Read More