• Home
  • Government
  • Village Trustees Send Message to Albany: Modify Two Percent Tax Cap

Village Trustees Send Message to Albany: Modify Two Percent Tax Cap


By Carol P. Bartold     


Jun. 10, 2015:  Responding to indications from Albany that the statewide two percent property tax cap is likely to become permanent, the Bronxville Board of Trustees, at its June 8 meeting, adopted a nonbinding resolution to exempt health insurance premium increases in excess of the cap from the tax cap calculation.

Passed by the New York State Legislature in 2011, the cap, set to expire in 2016, limits annual property tax increases levied by municipalities and school districts to the lesser of two percent and the rate of inflation. Village Administrator Jim Palmer pointed out that during the 2014-2015 fiscal year, communities faced a tax cap of 1.58 percent.

"Obviously, as you understand, to fund infrastructure and capital improvements, those items go well beyond 1.58 percent," Palmer said.

He added that the tax cap imposes a significant obstacle for communities to perform planned infrastructure maintenance and capital improvement projects. While complying with the cap discourages communities from improving infrastructure, those communities also can find themselves under a consent decree from the state to fund mandated repairs, and exceed the cap, or face thousands of dollars in fines.

Mayor Mary Marvin noted that the New York State comptroller indicated that approximately two thirds of infrastructure repairs statewide are not being done because of the tax cap. "This resolution," she said, "is an effort to say if we're stuck with this, at least modify it to become a little more rational."

She also stated that, while she supported the resolution, she believes that "we're stuck with the tax cap."

"There are costs associated with the cap," Palmer said, "and infrastructure is one of them."

Pictured here:  Deputy Mayor Robert Underhill (L) and trustee Guy Longobardo.

Photo by Carol P. Bartold

Government & History Directory

Bronxville Overview
Bronxville Village "One Square Mile" Newsletter and Government Directory

Government & History Recent Articles

Newsletter

Sign Up For Our Newsletter

MyhometownBroxnville reserves the right to monitor and remove all comments. For more information on Posting Rules, please review our Rules and Terms of Use, both of which govern the use and access of this site. Thank you.

The information presented here is for informational purposes only. While every effort has been made to present accurate information, myhometownBronxville, LLC, does not in any way accept responsibility for the accuracy of or consequences from the use of this information herein. We urge all users to independently confirm any information provided herein and consult with an appropriate professional concerning any material issue of fact or law. The views and opinions expressed by the writers, event organizers and advertisers do not necessarily represent those of myhometownBronxville, LLC, its officers, staff or contributors. The use of this website is governed by the Terms of Use . No portion of this publication may be reproduced or redistributed, either in whole or part, without the express written consent of the publisher.

Copyright © 2009 myhometownbronxville.com, All rights reserved.