Keyword: Tax Cap
112 results total, viewing 101 - 110
Whether it’s Washington, D.C., or Albany, taxpayers are sending a message loud and clear. They want the cost of government reduced, and they want their taxes to go down. more
New York’s first-ever property tax levy cap is a crucial step toward the state’s economic recovery, said Governor Andrew M. Cuomo, who signed the bill into law on June 30. more
Gov. Andrew Cuomo came to the home of a Lynbrook family to sign New York’s first property tax cap on June 30 — six days after the State Senate approved the legislation that proponents say will usher in a new era of fiscal responsibility. Cuomo was joined by local officials, including Senate Majority Leader Dean Skelos, a Republican from Rockville Centre, Assemblyman Brian Curran and Nassau County Executive Ed Mangano. more
This one was never in doubt. Legislation that will put a cap on property tax levies passed by a 57-to-5 margin in the State Senate before it made it through the Assembly and was signed into law by … more
Governor Andrew M. Cuomo signed New York's first property tax cap in Lynbrook today, at the home of James and Janet Gannon. “For decades, taxpayers across New York state have been burdened … more
On June 24, New York State lawmakers passed a property tax cap bill that could place extra financial burdens on local school districts and villages. The tax cap — the first in New York history … more
Seventh-grade sports might have to be eliminated. The nine-period day might be reduced to eight. And teachers might have to be let go. After that, no one’s sure what might happen, but school districts will have to keep cutting. more
Politicians are normal people. They like to be with winners, and want badly to blend in with the crowd. That may be the reason why New York state’s elected officials wind up supporting things like tax caps: They sound sexy and are appealing to today’s voters. more
For several local school districts, balancing budgets is becoming a daunting challenge. Higher pension costs, a loss of state aid and a possible state tax cap have many school officials looking to tighten their spending plans. Gov. Andrew Cuomo released his first budget proposal on Feb. 1, and districts are being told to tap into their reserve funds to make up for the possible, impending state aid cutbacks and a proposed 2 percent tax cap. Many administrators say they have few options for dealing with increasing costs. more
On Feb. 1, Governor Cuomo delivered his first budget address. It was a no-holds-barred speech in which he admitted that years of dysfunction and mismanagement has driven our state into “functional bankruptcy.” more
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