Cuomo Points To Tax Cap As Signature Achievement

It’s the new normal in New York: school districts and local governments raising their annual property-tax levies by no more than 2 percent or the inflation rate, whichever is lower.Proposed by Gov. Andrew Cuomo shortly after he took office in 2011 and approved that spring by state lawmakers, the so-called tax cap has proven to be a reliable regulator of New York’s notoriously high property taxes.

Sections:  u.s.   
Topics:  New York   Orange County, NY   Middletown   
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