Sentences with phrase «came under the tax cap»

The money was raised through the sale of bonds and didn't require a referendum because the bonds came under the tax cap and no tax increase was needed, Durlacher said.

Not exact matches

In an interview on The Capitol Pressroom on Tuesday, Skelos pointed to successes of the Senate under coalition rule — ranging from on - time budgets to a property tax cap (a measure that came in 2011, before the formal governing agreement was actually in place).
Teachout has recently come under fire for her stated opposition to New York's property tax cap and her support for a national energy tax, positions she publicly denies.
The Town of Stony Point chose to amortize their payments to the retirement funds, meaning to pay them over time, which partly contributed to their 2013 budget coming in under the tax cap.
«This is the first round of budgets coming due under the new tax cap,» DiNapoli's office said in a statement.
Within the first minute, Lacorte drops the name of popular Gov. Andrew Cuomo and also touts the fact that he managed to pass a budget that came in under the governor's two percent property tax cap — a very popular initiative in the NYC suburbs, which have the highest property taxes in the state and the nation.
The push for a tax cap seemed to come from two fronts: upstate lawmakers who were wondering why Mr. de Blasio didn't have to scrimp and save to stay under the property tax cap the way their towns do, and downstate politicians from parts of the city where homeowners say they are fed up with increasing property tax bills.
Dutchess County Executive Marcus Molinaro, Monday, presented his proposed 2013 budget of $ 408.3 million that comes in under the two percent state tax cap and reduces spending by $ 7.6 million.
Bellone had said the county has made progress with its budget since he came into office four years ago, cutting the county's structural deficit in half while keeping property tax increases under the state's tax cap.
«This budget came in $ 2.6 million under the tax cap.
This is the second consecutive year the County Executive's budget proposal has come in under the state - mandated tax cap.
Our 2015 budget came in under the state's 2 % property tax cap and was a successful, first year «transition budget.»
Scandinavian carbon tax rates differ by type of fuel, economic sector, and whether or not the emissions concerned also come under cap - and - trade arrangements.
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