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News stories tagged with "tax-cap"

We should probably have a four or five year look at it. See where adjustments have to be made...

State assembly puts forward 2% property tax cap plan--with some differences

Chances for the passage of a property tax cap in New York have improved, now that Assembly Speaker Sheldon Silver has proposed a plan that earned praise from Governor Cuomo and conditional approval by the State Senate. Karen DeWitt reports.  Go to full article
State Sen. Betty Little.
State Sen. Betty Little.

Little, counties look for mandate reform

It appears that state Sen. Betty Little will play a bigger role in this year's debates in Albany. On Friday, Gov. Andrew Cuomo announced Little, a Republican, will join his newly created commission tasked with examining unfunded and underfunded mandates imposed by the state.

In a statement, Little said unfunded mandates approved by the state legislature "push the financial burden down to the lowest rung of the ladder."

She joins a group of industry, labor and government officials. The panel was established to identify solutions to ways to reduce local taxes by cutting the costs of state programs they're charged with providing.

Many local government leaders have said that cutting mandates, especially on health care programs, is their top priority in the next session.

A 2% limit on property tax increases was another of Gov. Cuomo's key campaign issues. That could hamstring local governments struggling to balance their own budgets. Local officials said they were happy to hear the property tax cap coupled with mandate reform, but that the devil would be in the details. Emma Jacobs has more for the Innovation Trail.  Go to full article

What's ahead for the new mix in Albany

Gov. Andrew Cuomo is wasting no time. From a wage freeze for public employees, to mandate relief and a property tax cap, he's moved on many of key campaign themes in just his first week in office.

He's also got a new/old legislature to work with. A Republican majority in the state Senate, but a familiar and powerful face at the head of the Assembly: Speaker Sheldon Silver. Susan Arbetter, host of WCNY's capitol Pressroom, is one of the Albany-based journalists who's watching all this closely. Martha Foley talked with her about the changing dynamic.  Go to full article

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