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Tag: Tax Cap

05.05.2018 Editorials

Editorial: Ending the property tax cap is a bad idea

Cynthia Nixon, the Working Families Party candidate for governor of New York, recently spoke out against the state’s 2 percent cap on annual spending. She also came out against...

02.01.2017 Education

NYS Comptroller sets tax levy cap at 1.26 percent

Local school districts are preparing for another tight budget season this year, with minimal state aid increases projected in Gov. Andrew Cuomo’s tentative spending plan and a cap of...

09.30.2016 Government

Russell unveils $44.1M tentative budget, looking to pierce tax cap

Southold Town Supervisor Scott Russell is calling for a 7.63 percent tax levy increase in his tentative 2017 budget, which was released Friday. The estimated tax increase marks the first time the supervisor has...

07.28.2016 Government

Supervisor: Southold Town will have to pierce tax cap

Southold Town Supervisor Scott Russell said the town will be forced to pierce the state tax cap next year for the first time since the legislation was implemented in...

04.20.2016 Greenport School District

Greenport looking to pierce tax levy cap with 8.52% increase

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...

03.31.2016 Greenport School District

Greenport superintendent unveils tentative spending plan

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.

03.15.2016 Greenport School District

Greenport may pierce property tax cap next school year

Greenport voters will likely be asked to pierce the state property tax cap this year as school administrators plan for what is expected to be among the largest tax levy percentage...

01.27.2016 Education

Schools prepare for tight budgets as tax cap looks to hold levy at 0.12%

Local superintendents preparing next year’s school spending plans are describing the process as daunting because they’re bound to nearly zero percent tax levy growth for 2016-17.

07.11.2015 Editorials

Editorial: Maybe the tax cap is more than just a gimmick

In the four years since New York State adopted the 2 percent property tax cap, we’ve weighed in on its success from time to time. Mostly, it was to...

07.06.2015 Government

Four years later: A local analysis of the 2-percent property tax cap

With news late last month that the New York State Legislature extended the 2-percent property tax cap another four years, we took a look back at the property tax...

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