Breadcrumbs
Home / NY: Governor and Lawmakers Vow to Address Property TaxesNY: Governor and Lawmakers Vow to Address Property Taxes
Last Updated on Thursday, 7 May 2009 10:55 Written by rslcpol Thursday, 7 May 2009 10:55
From CNYcentral.com:
Gov. David Paterson and legislative leaders said Wednesday they will try to finally curb the growth of some of the nation’s highest property taxes.
But that pledge was immediately criticized as similar to unfulfilled promises from past years. Local school taxes and other property taxes are now 78 percent above the national average; on Long Island, for example, annual tax bills exceeding $10,000 are common.
Paterson, who is reviving his call for a cap on school tax growth, is seeking ideas from Assembly and Senate leaders that can become law this session, which ends in late June.