Tag: Property Tax

While Cuomo speaks of 10,500 local governments, others say that is overstated. "He is greatly exaggerating," E.J. McMahon, president of the Empire Center think tank, said of the number, contending that many of those are on paper or so small that they pose negligible costs. Read More

Local supervisors and one fiscal watchdog say Cuomo is chasing the wrong property tax cost drivers. They blame state mandates such as the Taylor Law, which gives public employee unions additional leverage when negotiating expired contracts, for driving up local taxes. At the same time, they complain, he is taking aim at special districts that, even if eliminated, would still cost taxpayers because they provide specific services for a locality’s residents. Read More

E.J. McMahon, head of the Empire Center for Public Policy, a nonprofit Albany think tank that promotes free market principles, questioned whether municipalities will go through the political headaches of consolidating districts in exchange for a short-term, temporary tax freeze. Read More

Twenty-seven* school districts were seeking to override the state's property tax cap in yesterday's school budget votes. Twenty of these districts -- or 74 percent -- failed to collect the needed 60 percent supermajority to pass, according to news accounts. The closest result was in the Cornwall School District in Orange County, which fell two votes short of an override supermajority. Read More

Just two school districts -- out of nearly 700 in New York -- will be limited to the new zero-tax hike contingency budget provision of the state's new property tax cap law next year. Read More

Nineteen school districts that attempted to override the tax cap in last month's school budget votes will present revised budgets to voters tomorrow. Nine of those districts are resubmitting budgets below the cap, seven have budgets at the cap and three districts will try again to override the cap. Read More