Cuomo Signs Property Tax Cap Bill in Nassau County

Historic legislation finalized in front of Lynbrook home.

An historic event for the State of New York took place right here in Nassau County earlier today.

Gov. Andrew Cuomo traveled to the home of village residents James and Janet Gannon to sign a bill authorizing a property tax cap in New York. Assemb. Brian Curran, R-Lynbrook, and Lynbrook Mayor Bill Hendrick were on hand for the signing.

"For decades, taxpayers across New York state have been burdened by back-breaking property taxes that have crippled businesses and families," Cuomo said. "It is appropriate to sign this property tax cap at the Gannon household, as millions of homeowners like them have had the deck stacked against them for too long. This tax cap is a critical step toward New York's economic recovery, and will set our state on a path to prosperity."

Under the cap, property tax increases will be limited to 2 percent or the rate of inflation, whichever is less. Municipalities, such as school districts, could override the cap with 60 percent of voters participating in an election.

“For Nassau residents, a long-overdue property tax cap is among the most important accomplishments of Governor Cuomo's first six months,” added County Executive Ed Mangano.

matteo July 01, 2011 at 12:55 PM
2 teachers, each with ten years in the system. One say MrA) works diligently, stays late, helps to tutor kids on his own time, the kids all love his classes and pay attention. The other (say Mr. B) is mediocre at best, puts the kids to sleep, does the minimum to get by. Salaries? They earn the same. Benefits- the same. What's wrong with this system? You can't touch Mr. B. he has tenure.
working joe July 01, 2011 at 01:08 PM
60% of the voters in that election
Bob July 01, 2011 at 01:29 PM
I think the tax cap is a bad idea. Now 41% of voters can stop the will of a 59% majority. That's not how I thought democracy worked.
EJ's son July 01, 2011 at 01:37 PM
The cap as constructed does include school taxes. There is a partial exemption for mandatory pension contributions over a certain amount. To override the cap a school budget must be approved by 60% of those voting in that particular election. Local governments are also subject to the same 2% cap with the pension exemptions, however, the local government entity (our Village Board) can override the cap with a 60% majority of the Board. In our case the newly elected Murray majority can override the cap if they vote in unison. They are not going to be constrained by the cap. They can spend all they want as long as they stick together. God help us.
Charlie Allnut July 01, 2011 at 07:37 PM
If you want to know something about the future of Long Island consider this. Forbes Magazine ranking of Best Places for Business and Careers looked at the 200 largest metropolitan statistical areas in the U.S. They consider 12 metrics relating to job growth (past and projected), costs (business and living), income growth, educational attainment and projected economic growth. They also factor in quality of life issues like crime rates, cultural and recreational opportunities and net migration patterns. Lastly they included the number of highly ranked colleges in an area per their annual college rankings. The results, not one area in New York was rated higher than 45. Long Island was listed as 98th, behind NYC (45) Rochester (65) and Albany (77). The top ten were: 1 -Raleigh NC, 2 - Des Moines IA, 3 - Provo UT, 4 - Lexington KY, 5 - Fort Collins, CO, 6 – Nashville, TN, 7- Austin, TX, 8 – San Antonio, TX, 9 – Denver, CO, 10 – Dallas, TX.


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