Sentences with phrase «many local governments and school districts»

Local government and school district officials have been pushing for changes to make it easier to budget within the cap, though that is unlikely to occur this legislative session.

At an annual cost of $ 410 million, the Family Tax Relief Rebate provides $ 350 to households with children under age 17 and annual income between $ 40,000 and $ 300,000; the Property Tax Freeze Rebate provides an amount equal to the annual increase in property taxes to homeowners earning less than $ 500,000 in tax cap - compliant local governments and school districts and costs $ 783 million annually.

Since New York has among the highest taxes in the nation, residents would have to essentially pay a federal tax on money already taxed by the state, local governments and school districts.

The 2013 - 14 Executive Budget and Management Plan builds on two years of balanced, fiscally responsible budgeting and invests in economic development, education reform, rebuilding after Superstorm Sandy, provides support to local governments and school districts, and includes no new taxes or fees.

County leaders are feeling the squeeze this year, as are other local government and school district officials, given the allowable growth in the state's cap on property taxes is less than 1 percentage point.

Flanagan's measure limits annual growth of property taxes levied by local governments and school districts to two percent or the rate of inflation - whichever is less.

Except for a small — but notable — group of outliers, local governments and school districts are not providing clear or comprehensive or even the most basic information on their websites.

«Local governments and school districts are putting together their budgets, and they're doing it in the dark with no clear picture of how much state aid they'll get.»

Forand also cited DiNapoli's audits of state and local governments and school districts that save taxpayers millions of dollars statewide while using the investment clout of the pension fund to influence corporate behavior such as in addressing climate change.

Unlike the gimmicks that preceded it, such as the state - subsidized School Tax Relief (STAR) program, the cap has slowed the growth of local property taxes across the board, putting a speed limit of sorts on local government and school district spending.

We now have to rein in local government and school district spending,» he said in Lake Placid.

He said the state should also enact a single payer health care plan that would eliminate the counties» contribution to the Medicaid program as well as the private health insurance bills that local governments and school districts now pay for their employees.

Hawkins urged lawmakers to not extend Cuomo's 2 % property tax cap program, which he said does not relieve the fiscal crises faced by many local governments and school districts across the state.

The Cuomo Administration report has angered business groups, who say the study is skewed, and does not look at impacts a two thirds wage hike would have on small business owners, small farms, and local governments and school districts.

«I think the most important thing is finally holding local governments and school districts accountable,» said Sen. Jeff Klein, D - Bronx, an early supporter of the tax cap.

For purposes of this section, the total General Fund calculation shall not include sales and compensating use tax revenues shared with local governments and school districts.

«We've reigned in state spending, we now have to reign in local government and school district spending.

(Unless, of course, he goes on withholding payments from the state workers unions, local governments and school districts — that ought to bring him some serious lawsuit attention right there).

[I'd like him to succeed as well but his budget, like so many others, is largely based on screwing local governments and school districts.]

I'd like him to succeed as well but his budget, like so many others, is largely based on screwing local governments and school districts.

The concern is that without serious changes to how local governments and school districts are forced to spend their money, which the cap is meant to address, the measure will be overridden.

«Making our communities more affordable and preventing the insolvency of local governments and school districts needs to be our top priority.

Comptroller Tom DiNapoli's office on Friday released a report assessing the impact of federal aid on New York's local governments and schools districts, finding they rely on more than $ 11 billion combined in 2015.

In 2012, the first year local governments and school districts were required to adhered to the cap approved in June 2011, 15 counties overrode the limit.

Finding the correct formula for relieving the local governments and school districts of burdensome state mandates may probe difficult as lawmakers try to work out a deal that would pave the way for a property tax cap.

Indeed, the move would likely apply more pressure on — or incentive to, depending on your point of view — local governments and school districts to budget within the property tax cap, which was approved in 2011.

As local governments and school districts here in New York now deal with a tight 2 percent cap on property tax levies, it will be interesting to see how municipalities turn to revenue raisers to fund complex projects.

The rebate program was part of the 2014 - 15 state budget agreement that spreads nearly $ 1 billion in relief over the next two years providing that local governments and school districts budget within the state's cap on property - tax increases.

Nevertheless, tax cap supporters want to make the measure a permanent one for local governments and school districts.

The cap does not necessarily have its fans on the local government and school district level, however, and some there have pushed for changes to the cap, which is linked to rent control regulations for New York City and the surrounding area, due to expire next month.

The amount local governments and school districts have collected in property taxes has slowed over the last decade, from a peak increase of 7.7 percent in 2003 to a 2 percent jump at the conclusion of the 2013 fiscal year.

The two percent property tax cap, approved a year ago by lawmakers in New York state, is another thing that local governments and school districts have to take into account while they plan their budgets.

The Governor's proposal relies on local governments and school districts doing several things.

Local governments and school districts are asking for a reduction in unfunded mandates in order to comply with a 2 % property tax cap imposed by Cuomo and the legislature last year.

In 2011, I worked with the Legislature to establish New York State's Property Tax Cap, which establishes a limit on the annual growth of property taxes levied by local governments and school districts to two percent or the rate of inflation, whichever is less.

To live within the cap without disrupting public services, local governments and school districts need greater flexibility to restrain automatic pay increases and to restructure the most costly aspects of their collective bargaining agreements.

Early next year, newly inaugurated Gov. Andrew Cuomo will have to set forth an austere budget, cutting more than $ 10 billion from projected state spending — cuts that will send shock waves through local governments and school districts, themselves reeling from declining revenue and recession - related spending demands.

A controversial proposal to change how local governments and school districts are compensated for state - owned lands in the Adirondacks and Catskills by utilizing a payment - in - lieu - of - taxes system was not included in the final spending plan, a decision roundly praised by local stakeholders.

For local governments and school districts, this year's limit on local property tax increases is a low bridge.

Under Cuomo's plan, local governments and school districts would be allowed to increase spending up to the current tax cap limit of two percent a year.

Each county will have a panel of representatives from local governments and school districts.

When the comptroller announced the system earlier this year, he said those local governments and school districts identified as experiencing fiscal stress would be offered an array of services from his office, including budget reviews and multi-year financial planning.

February 13 interview discussed the fiscal crises of upstate local governments and school districts, universal pre-K, full employment instead of public worker layoffs, and military spending and drone wars: Play

He also successfully pushed for a 2 percent tax cap on local governments and school districts, which was heavily pushed by business groups and lobbyists.

Paterson is also proposing a three - year moratorium new unfunded legislative mandates on local governments and school districts.

To help those bodies, Republicans pushed for concessions that they say will help local governments and school districts deal with the tax cap.

Local governments and school districts already struggling to stay under the state property tax cap will

The state would also help local governments and school districts set up their own charitable funds.

Cuomo's Five - Year Financial Plan keeps revenue sharing with local governments flat at a time when scores of local governments and school districts are headed for insolvency and a takeover by state Control Boards.

Cuomo was also able to convince the state Legislature to approved a 2 percent limit on property tax increases for local governments and school districts.