Tag: Property Tax

Don't look now, but given current inflation trends, next year's school property tax cap may be ... zero! That's the message of a statement released last week by the Educational Conference Board (ECB), a coalition of groups representing public school administrators, school boards and—last but hardly least—the New York State United Teachers (NYSUT) labor union. The ECB's "warning" was meant as an inside-the-Albany-bubble scare tactic, but for most New Yorkers, it's good news: further confirmation that the tax cap is working exactly as intended. 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

In 2011, New York enacted a on annual local property tax levies. A revealed that school property taxes have grown at an average annual rate of 2.2 percent per year in the four years since the cap was created, down from 6 percent per year in the thi Read More

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The Empire Center is an independent, non-partisan, non-profit think tank located in Albany, New York. Our mission is to make New York a better place to live and work by promoting public policy reforms grounded in free-market principles, personal responsibility, and the ideals of effective and accountable government.

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