Sentences with phrase «year property tax cap does»

The 2 percent per year property tax cap does not technically expire until next year, but leaders of cities, towns, and counties, as well as teachers and public worker unions say they fear an early renewal of the law might be part of any end of session deal.

Not exact matches

Don't forget that last year Silver caused something of a stir when he called for a cap on property tax levy increases, a measure that is now law.

He ticked off the list of things he felt the Assembly and Senate has failed to do, including two of Gov. David Paterson's policy proposals — a property tax cap (which Cuomo also supports, albeit at a more stringent level) and an FMAP contingency plan — and said voters would be correct if they hold lawmakers responsible for the lack of action in Albany this year.

«It's interesting that the Governor would be willing to raise money for the same cabal of Democrat Senators who in 2009 raised taxes... and are now itching to do away with the property tax cap, go on a massive taxpayer - financed spending spree and roll back all of the economic progress we've made over the last six years,» said Scott Reif, a spokesman for Senate Republicans.

He also discussed the supposed «link» between a property tax cap and rent control, insisting he's willing to do the former without the latter, and refused to say whether or not the state can afford to let the so - called millionaire's tax sunset on schedule at the end of this year.

· Allowing counties an option to modify how they fund state mandated pension contributions · Providing counties more audit authority in the special education preschool program · Improving government efficiency and streamlining state and local legislative operations by removing the need for counties to pursue home rule legislative requests every two years with the state legislature in order to extend current local sales tax authority · Reducing administrative and reporting requirements for counties under Article 6 public health programs · Reforming the Workers Compensation system · Renewing Binding Arbitration, which is scheduled to sunset in June 2013, with a new definition of «ability to pay» for municipalities under fiscal distress, making it subject to the property tax cap (does not apply to NYC) where «ability to pay» will be defined as no more than 2 percent growth in the contract.

«As the chair of the Senate Education Committee, Senator Oppenheimer should be leading efforts to reform the state school aid formula so districts do not have to endure billions in cuts any given year and can operate within the confines of a local property tax cap,» said Cohen.

There is some talk of simply doing a one - year extension that would line rent control up with the expiration of the state's property tax cap.

The state's cap on property tax increases doesn't expire until next year, but some lawmakers at the Capitol are already looking to make the measure first passed in 2011 a permanent one.

(Nineteen percent of New York municipalities indicated they planned to override the state's property - tax cap in 2015, a drop from the 26 percent who did so this year.)

Teachout, on the other hand, does not support the property tax cap, which saved taxpayers $ 2.5 billion in 2015 and she advocates for a new tax on energy, which would cost residents on average of $ 1,700 a year.

Local officials have been increasingly worried since the governor first said early on this year that he didn't see the need to formally couple his 2 percent property tax cap bill, which has already passed the GOP - controlled Senate, with any mandate relief legislation.

Sen. Craig Johnson (D - Port Washington), now running for his second full term, last week challenged the Democratic - controlled Assembly to «do the right thing» and vote on the property - tax cap the Senate passed last week, and made a point of noting he had voted for the same measure when it was proposed by Republicans two years ago.

Assembly Speaker Sheldon Silver gave his vital support to Cuomo's effort to cut spending, establish a 2 percent cap on the growth of property taxes, enact nonpartisan redistricting of election districts for the next 10 years so majority parties don't protect their power, and other key proposals.

The only local revenue we do control is property taxes and the amount of property taxes each year is governed by a statutory cap.