Tag: Property Tax

School District Property Tax Levies and Spending, 2011-12 to 2018-19 Read More

Although the IRS ruling hasn’t formally been made final yet and Bellone is promising a legal fight, E.J. McMahon of the Empire Center, an anti-tax think tank, said Suffolk taxpayers should be skeptical of putting money into the proposed charitable fund. “Any contribution to something like the Suffolk County fund is by no means guaranteed a tax deduction, so the message to taxpayers is don’t count on it,” McMahon said in an email. He called Bellone’s plan “nothing new — basically a Suffolk echo of Cuomo a year ago.” Read More

A recent report by the Empire Center, an Albany-based, fiscally conservative think tank, projects if the state paid for the counties’ share of Medicaid costs, it would provide $8 billion in relief to county governments. That’s an average 27 percent reduction in county taxes, the USA Today Network’s Albany bureau reports. Read More

The newly enacted federal income law provision limiting state and local tax (SALT) deductions "is likely to substantially decrease home values" in New York, Connecticut, Maryland and New Jersey. That's a key claim of the lawsuit filed by the four states against the Trump administration today with the goal of having the $10,000 SALT deduction cap declared unconstitutional. Read More

This issue brief explores the financial considerations and policy challenges associated with eliminating the local Medicaid share and reviews the options for implementing a state takeover. Read More

The feasibility of a full state takeover of the remaining local share of Medicaid costs in New York is explored in a new report released today by the Empire Center for Public Policy. Read More

If you own property in Schenectady, you have the highest total tax rate in the Capital Region, but if you live next door in Niskayuna, you'll have the region's highest tax bill. Read More

Benchmarking NY uses data from the state comptroller’s office to calculate effective tax rates–combined county, municipal and school taxes as a percent of market value–for thousands of localities across the state during 2017, excluding only New York City and Nassau County. Read More