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.
Not exact matches
State and local governments saw a big jump in
tax revenues in the final three months of 2017, due in large part to an
increase in the prepayment of income and
property taxes as some high - income residents
sought to take advantage of deductions that will be sharply reduced in 2018.
The park board must
seek voter approval for the
increase because of the enactment of the
Property Tax Extension Limitation Act by the state legislature on Oct. 1.
Nearly half of the 669 school districts
seeking voter approval for budgets on Tuesday, May 16 are presenting spending plans that
increase property taxes as high as the 2011
property tax cap law allows, according to an analysis by the Empire Center for Public Policy.
Nearly half of the 669 school districts
seeking voter approval for budgets on Tuesday, May 15 are presenting spending plans that would
increase property taxes as high as the 2011
property tax cap law allows, according to an analysis released today by the Empire Center for Public Policy.
Nassau County Executive Edward Mangano's final budget proposal leaves county legislators — most
seeking reelection in November — to grapple with a small
property tax increase and $ 60 million in hikes to real estate and traffic fees.
In recent years, Comptroller Tom DiNapoli has
sought to reduce overall pension contribution rates for local governments and
taxing districts, which are squeezed amid a cap on
property tax increases.
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.
A poll of school board members around the state found 38 percent would consider
seeking overrides of the state's cap on
property tax increases, the New York State School Boards Association found.
The proposed budget would
increase property taxes by 0.95 percent and again
seeks $ 12.5 million in funding from the state.
The extra state aid will help the more than 700 school districts in New York as they struggle to stay under the state
property tax cap, which allows them to
increase their
tax levy by only.12 percent this year without
seeking voter approval.
One item unlikely to be on the to - do list is long -
sought push to change the state's cap on
property tax increases and give school districts more wiggle room.
Nevertheless, the WFP's overtures presented him with a new dilemma: His «New Democratic Party» platform includes a pledge not to raise
taxes and a promise to enact legislation capping future
increases in local
property taxes that directly contradict WFP tenets which
seek more funding for education and social welfare programs by raising
taxes on the wealthy.
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.
Rather than
seek a bond issue and a
property tax increase, the school district has teamed with the other districts in Summit County, Ohio, and the county council to propose a half - cent sales -
tax hike.
Three Alameda County school districts
seek voter approval in the June 5 election for
property tax increases to help fund ongoing education costs.
Certainly Toledo voters» rejection of the
property tax increase TPS
sought last month will hamper the school system's ability to carry out its reform plan.