Issues: Property Tax

Website Created For Information on Tax Cap

A website has been created by the New York State Comptroller to give local governments information on the property tax cap. The legislation creating the tax cap was passed with bi-partisan support in the Senate and Assembly and signed into law by the Governor. The law caps tax levy increases for local governments and school districts at 2 percent or the rate of inflation, whichever is less.

The cap will go into effect for the 2012 fiscal year and the 2012-2013 school year.

The website can be found at http://www.osc.state.ny.us/localgov/realprop/index.htm.

September 1, 2011
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PROPERTY TAX CAP & MANDATE RELIEF

 

Senator Ball Provides Clarity on Complicated Issues

July 21, 2011
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Senator Robach Joins Governor Cuomo for Property Tax Cap Signing

On Thursday, July 7th, Senator Robach joined Governor Cuomo as he signed into law the Property Tax Cap, which the New York State Legislature recently passed. Governor Cuomo signed the property tax cap at the home of Mike and Amanda Ostrander in Irondequoit. Like many taxpayers in Monroe County, the Ostranders, parents of two children, have made sacrifices to afford the state's skyrocketing property taxes. Mike is an attorney and Amanda is an Adult literacy teacher who also volunteers at a local day care. They pay nearly $5,000 annually in property taxes, well above the median property tax bill in New York state. This law will provide meaningful tax relief to the Ostrander family and other homeowners across New York.

July 12, 2011
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Governor Signs Tax Cap Into Law

From Anton Community Newspapers

By Rich Forestano and Melissa Argueta

It was met with ire by school districts and local villages and commended by residents and businesses. But on June 30, with positives and negatives aside, the bill became law.

New York State Governor Andrew Cuomo visited Lynbrook last week to sign the 2 percent property tax cap into law. The tax cap was a major platform Governor Cuomo touted during his campaign to deliver property tax relief to homeowners and business owners across the state.

July 11, 2011
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Electeds BRiNG FREE Tax Lien HELP TO CONSTITUENTS IN DEBT TO NYC

Senator Joe Addabbo, Assembly Member Mike Miller, City Council Member Elizabeth Crowley Bring NYC DEP, DOF and HPD Reps to Glendale to Help District Property Owners

 

July 11, 2011
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Patch: Will the Property Tax Cap Lower Your Tax Bill?

7/3/2011 – Gov. Andrew Cuomo and a group of local lawmakers gathered on the lawn of a Pleasantville home last week to symbolically sign legislation creating the state’s first cap on annual property tax increases. The signing was at the home of Russell and Tara Klein, who said they pay more than $16,000 in property taxes each year. …

July 11, 2011
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Patch: Is there Enough Mandate Relief With the Tax Cap?

7/5/2011 - The new property tax cap, which limits annual increases to the lesser of 2 percent or inflation – contains several provisions that relief municipalities and school districts relief from state mandates. The question, however, is whether or not they go far enough.

July 11, 2011
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Lewisboro Ledger: New York caps property taxes

7/7/2011 - New York state’s first ever property tax cap was passed recently, bringing some relief to one of the country’s highest-taxed areas. Approved on June 24, the bill limits property tax levy increases to 2% or the rate of inflation, whichever is less.

July 11, 2011
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Senator DeFrancisco Joins Governor Cuomo in Announcing the 2% Property Tax Cap that was Recently Signed into Law.

Senator DeFrnacisco joins Governor Cuomo and other Central New York Legislators in announcing the 2% property tax cap that the Governor recently signed into law.

July 6, 2011
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July 6, 2011
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LaValle Outraged at Latest Taxpayer Abuse, To Introduce Legislation to Mitigate Actions by Outgoing School Boards.

New York State Senator Kenneth P. LaValle (R,C,I – Port Jefferson) said today the abuse of taxpayers by two outgoing school boards has prompted him to introduce legislation that would require a lame duck  school board to have a supermajority vote in order to approve a contract for a new superintendent when the hiring occurs between the annual May vote and the annual reorganizational meeting of a local school board. Assemblyman Dan Losquadro (R,C  -Shoreham) will sponsor the legislation in the Assembly.

“My legislation, “ Senator LaValle said, “will prevent these outrageous and unconscionable abuses of taxpayer dollars  by requiring a supermajority vote by a board hoping to quickly push through the hiring of a school superintendent.”

July 5, 2011
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Statement From Senator Patrick M. Gallivan Regarding Governor Andrew Cuomo’s Signing Property Tax Cap Legislation

“New York State homeowners and small businesses pay the highest local taxes in the nation. That fact only rings truer in Western New York -- where we have seen our jobs, our friends, and our neighbors leave in record numbers because of the back-breaking property tax burden. The Governor’s visit today not only signifies that he understands the unique challenges we face in Western New York, but that he is also willing to partner with anyone who shares his commitment to addressing those challenges."

July 5, 2011
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Property tax cap signed into law in Western New York

After signing the new property tax cap legislation into law today during a visit to Western New York, Governor Andrew Cuomo gave Senator George Maziarz, a strong advocate for tax relief, one of the pens he used to write his name on the document. 

Under the new law, property tax increases will be capped at 2 percent or the rate of inflation, whichever is less. Local communities and local voters could override the cap with a 60 percent vote on the budget for school boards or relevant legislative bodies.This cap on property taxes includes safeguards to ensure delivery of critical services for New Yorkers. There will be limited exceptions to the cap, including:

July 5, 2011
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Senator Lee Zeldin Joins Governor Andrew Cuomo in Signing of Historic Property Tax Cap Legislation

State Senator Lee M. Zeldin (R, C, I- Shirley) joined members of the Long Island State Senate Delegation and Governor Andrew Cuomo on Thursday, June 30, 2011, at the Lynbrook home of James and Janet Gannon for an historic signing of the property tax cap bill that passed the State Legislature on Friday, June 24, 2011.  This legislation will limit the tax levy growth for school districts and local governments to two percent, or the annual increase in the Consumer Price Index (whichever is less).

July 5, 2011
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Historic Property Tax Cap Signed Into Law

Senator Jack M. Martins and his colleagues from Long Island joined with Governor Andrew Cuomo in Lynbrook for the historic signing of the tax cap legislation. The new law limits the tax levy growth to two percent or the annual increase in the CPI, whichever is less.

July 1, 2011
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SENATOR FUSCHILLO JOINS WITH GOVERNOR CUOMO IN ANNOUNCING NEW PROPERTY TAX CAP LAW

Senator Charles J. Fuschillo, Jr. (R-Merrick) today joined with Governor Andrew Cuomo and fellow members of the New York State Legislature at a ceremonial bill signing of New York State’s new property tax cap law. The law, which Senator Fuschillo strongly supported in the Senate, will help control local spending by creating a cap on property tax levies. 

June 30, 2011
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SEN. BALL BREAKS DOWN PROPERTY TAX CAP

 

What does tax cap and mandate relief mean for New Yorkers?

Albany, N.Y. – (06/30/11) – Last week, the New York State Legislature made history, passing a Property Tax Cap bill (S.5856) that includes much needed  mandate relief for local schools and governments. Now that the legislation is on its way to becoming law, a lot of New Yorkers want to know what it means for them. Senator Greg Ball (R, C – Patterson), who has been fighting for a property tax cap since his days in the New York State Assembly, is taking the time to break down the legislation and ask New Yorkers for their input.  

June 30, 2011
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