Tax Cap

North Country News
8:45 pm
Tue October 22, 2013

NY Law Caps Agricultural Assessment Hikes

Credit WAMC/Pat Bradley

New York Governor Andrew Cuomo has signed a law to cap agricultural land assessment increases at two percent a year.

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North Country News
6:30 pm
Thu August 15, 2013

New Property Tax Cap Concerns Local Governments

Credit Donkey Hotey/Flickr

Communities across New York state that have struggled to meet the state’s 2 percent tax cap face a new challenge: the level of the cap has been lowered.

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New York News
4:53 pm
Mon June 17, 2013

NY School Districts Ready For Budget Re-votes

BUFFALO, N.Y. (AP) — New York School districts that saw budgets fail in May will put plans up for new votes Tuesday.  Under the state's tax cap law, school districts have two chances to get budgets passed. If they fail both times, they can't raise taxes at all in the next school year.

A handful of districts are putting the same budgets on the ballot after narrow defeats the first time around.

Other districts made additional cuts in staffing and programs to reduce tax increases.

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New York News
12:20 pm
Fri October 5, 2012

County Grapples With Budget Gap

Officials in Essex County, New York have been working to close a 13-million dollar budget gap in the 2013 budget.  While they hope a pending sale of the county-run nursing home will make a difference, they say mandate relief from the state would be more helpful.

The rural Adirondack County has one of the lowest tax rates in New York State and has been using their fund balance to hold the line on property tax increases. Essex County Manager Dan Palmer says that may not be possible much longer.

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