The stats on the minimum wage increase are especially stark and comparable to the sky - high approval voters had last year for imposing a cap on
local property tax increases.
In 2011, the governor, working with the legislature, enacted a cap
limiting property tax increases to 2 percent or the rate of inflation, whichever is less.
He would also forbid annual
property tax increases of more than 2.5 percent unless voters in a local jurisdiction voted specifically to raise taxes more.
She said in the first three years of the cap, the average annual
school property tax increase has dropped from nearly 6 percent to 2.5 percent, or by more than 58 percent.
Critics have said the rising pension and health benefit costs for the public sector are driving local governments into insolvency, as well as driving
unsustainable property tax increases.
Although property taxes increase drastically with a home purchase there are a number of tax benefits offered to homeowners that you'll want to take advantage of.
In the area I live in it isn't uncommon for the property taxes to be higher than ones mortgage and eventually you will pay the mortgage off while
property taxes increase forever.
In the letters, always include some information of value — how to
protest property tax increases, what spring maintenance your contacts should consider on their house, recent sales trends.
By an overwhelming 82 - 13 percent margin, voters support a cap
on property tax increases, with strong support from every group.
In the first three years of the tax cap, the average annual
school property tax increase has dropped from nearly 6 percent to 2.5 percent — a reduction of more than 58 percent.
In the New York State Senate's response to this year's proposed executive budget, lawmakers once again suggested that New York City join the rest of the state in capping
property tax increases at 2 percent.
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.
Rockland County government will be vastly increasing its tax collection in 2012, as the Budget and Finance committee convened on Monday night to approve a 30 percent
county property tax increase, as well as a 1/4 percent increase in the county portion of the sales tax, and new taxes on hotel / motel occupancy and real estate -LSB-...]
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.
«It has slammed the door on the massive, double -
digit property tax increases of the past, and brought certainty to businesses and to taxpayers.
The tax cap and a related tax freeze statute «incentivize districts and their residents to
avoid property tax increases over the tax cap, neither prevents such increases if sufficient community support exists for them,» Justice Eugene Devine wrote for the majority.
Chicago's sales tax rate will hit a whopping 10.25 percent next year, and just in time for Oscar Mayer to move into its new digs in the AON Center near Millennium Park, the Chicago City Council passed the
largest property tax increase in modern city history.
Flanagan, in a lengthy statement, reiterated his support for making the state's cap on local
property tax increases permanent as well as the passage of an education investment tax credit along with a lifting of the cap on charter schools.
Rich Azzopardi, a spokesman for Gov. Andrew M. Cuomo, called the court's decision a «victory» for taxpayers and said the tax cap was «an undeniable success that reigned in out - of -
control property tax increases and delivered real relief to overburdened taxpayers.»
Orleans Parish School Board
Approves Property Tax Increase Times - Picayune — May 15, 2012 After a long and sometimes heated meeting, the OPSB voted to:
Property values of most new wind developments in Maine are sheltered
from property tax increases by tax increment financing (TIF), leaving Mainers to pay a sizable share of the wind developers» taxes.
Suffolk County Executive Steve Levy, who like Lazio is seeking the Republican nomination for governor, supports Paterson's proposal to limit
annual property tax increases at 4 percent, his spokesman said Tuesday.
Referendum proposals
seeking property tax increases to bolster sagging school, library, municipal and park district budgets will be on the Nov. 4 ballot in more than two dozen towns, villages and cities throughout Will and southern Cook Counties.
And instead of exempting eligible seniors from property tax, the state freezes the property value for three years to
prevent property tax increases during that time.
Second, Freeman has identified the number - one issue in county government as controlling spending and keeping any
future property tax increase at or below the property tax cap.
Troy is facing a 9.3 percent
property tax increase under the municipal budget proposed by outgoing Democratic mayor Lou Rosamilia, who's not seeking another term.
Phrases with «property tax increases»