Sentences with phrase «tax levy cap»

In 2011, the year before the New York State property tax levy cap took effect, 2,694 Southold Town residents showed up at the polls to vote on the proposed Mattituck - Cutchogue, Southold and Greenport school budgets.

Many were forced to dip into reserve funds and surpass New York State's two percent tax levy cap for their 2013 budgets.

North Fork residents will go to the polls Tuesday to vote on their local school budget proposals, none of which attempts to pierce the state - mandated tax levy cap for the 2013 - 14 fiscal year.

The estimated tax increase marks the first time the supervisor has proposed piercing the state's tax levy cap since the law went into effect in 2012.

In total these extra costs added nearly $ 2 million to the town budget and put it over the 2 percent tax levy cap before the town board even began to plan the 2013 budget.

The measure would establish a school district and local government property tax levy cap that would limit tax levy growth to the lesser of four percent or 120 percent of the annual increase in the consumer price index.

The proposed budget of $ 40.2 million includes a tax increase of 8.86 percent, and a tax levy increase of 11 percent, blowing past New York State's new 2 percent tax levy cap.

School board president Tony Dill said the increase is the highest amount the district could propose without piercing the state - mandated tax levy cap.

After hinting for weeks that it might do so, it appears Greenport School District will attempt to pierce its tax levy cap a second time.

The Greenport Board of Education has adopted its budget for next year and will ask voters to approve a spending plan in May that attempts to pierce the tax levy cap with an 8.52 percent increase.

On Thursday evening February 9, the Nyack Youth Center was filled almost to capacity as local residents and school district administrators attended a program highlighting key elements of the New York state property tax levy cap.

Mount Vernon City School District is subject to a tax levy cap which does not take into account additional costs due to an increase in enrollment.

A June 2011 press release issued by state Senator Ken LaValle (R - Port Jefferson) said the «tax levy cap would shift the focus from total spending to the actual property taxes levied to support school district and local government expenses.»

Voters recognized that school leaders did everything they could to comply with the spirit and intent of the property tax levy cap,» Association Executive Director Tim Kremer said.

The governor also vetoed a pair of bills creating new exceptions to the state's local property tax levy cap.

Members of the Town Board had publicly signaled their reluctance to raise taxes past the tax levy cap, which would not only add more than $ 100 to the average tax bill but also cancel a tax credit residents get when their municipalities remain under the cap.

Chestertown supervisor Craig Leggett said finding efficiencies and cost savings help the town say under the state mandated budget and tax levy cap.

CHESTERFIELD With a nine percent increase in health insurance costs, the town of Chesterfield decided to use fund balance to help keep the 2018 spending plan under the state tax levy cap.

Southold Town's tax levy cap was set at no more than a.68 percent increase from 2016.

In May the district did pass a budget staying under the tax levy cap, and meeting its mandate requirements.

Legislator Day also voiced his support for the group saying that if New York State is going to require a 2 percent tax levy cap, and then they also need to have a two percent cap on the costs of these mandates.

However when it comes to raising taxes these municipalities run into New York State's new 2 percent tax levy cap.

«Establish a school district and local government property tax levy cap that would limit tax levy growth to the lesser of four percent or 120 percent of the annual increase in the consumer price index.

Other municipalities are struggling within the constraints of the tax levy cap, which limits how much municipalities can increase what they collect in taxes.

As it stands the 2013 town budget includes a tax increase of 8.86 percent and a tax levy increase of 11, exceeding New York State's new 2 percent tax levy cap.

The town has also managed to stay under the state's tax levy cap, which limits how much municipalities can increase what they collect in taxes.