Sentences with phrase «operate under the tax cap»
If the state's costs keep rising faster than 2 percent, few governments will be able to operate under the tax cap.
http://www.syracuse.com/ Not exact matches
The governor said he wants to look at other ways to cut property taxes; local governments are currently operating under a two percent property - tax cap, although there are exceptions.
Operating under assumptions necessitated by Governor Andrew Cuomo's two - percent tax cap plan, projections show that Onteora will run a deficit of $ 11.3 million by 2017.
Schools have struggled in recent years with a property - tax cap that limits their ability to raise local revenue, and they're operating under soaring pension and health - care costs.