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DATABASE: Local Governments That May Bust The Tax Cap

Posted By Joseph Spector On December 3, 2012 @ 10:21 am In Other | Comments Disabled

About 25 percent of New York’s local governments have indicated that they may override the property-tax cap in 2013 — up from 19 percent at this same time last year, Gannett’s Albany Bureau reported over the weekend.

We also have a database [1]where you can look at whether your local government plans to override the cap. It’s not all the governments yet; about 58 percent already reported their plans to the state Comptroller’s Office.

Municipal officials said the overrides are the result of a squeeze on their budgets. Some counties, towns and villages are overriding the cap as a precaution to ensure they are not penalized if they accidentally exceed their tax limit.

“Basically, it’s so difficult on how to come to that figure on the tax cap, you almost have to override it to protect yourself as a town,” said Dewey Decker, supervisor of the town of Sanford, Broome County.

About 1,575 taxing entities in New York, including fire districts and libraries, had filed their cap plans with the state Comptroller’s Office as of Thursday, or 58 percent of them. Of those, 387 said they planned an override, Gannett Albany Bureau’s review of the data showed. [2] The governments run on a fiscal year that starts Jan. 1.

Here’s the database:

[1]


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URL to article: http://statepolitics.lohudblogs.com/2012/12/03/database-local-governments-that-may-bust-the-tax-cap/

URLs in this post:

[1] We also have a database : http://rocdocs.democratandchronicle.com/database/tax-cap-overrides

[2] Gannett Albany Bureau’s review of the data showed.: http://www.lohud.com/apps/pbcs.dll/article?AID=2012312020047&nclick_check=1