© 2022
1078x200-header-mic.png
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

Most Municipalities, School Districts Followed Tax Cap

taxes-226718_640ctsy-pixabay.jpg
Pixabay
/

New York tax officials say 84 percent of municipal governments and 97 percent of school districts have maintained the 2 percent property tax cap that entitles residents to state tax credits.

Executive Deputy Tax Commissioner Nonie Manion says they’re finishing distribution of $200 million in credits to 2.5 million homeowners, with the last checks going out now.

Testifying at a legislative budget hearing, she says the credits have helped drive compliance by the schools and municipalities; the three-year program will ultimately put $1.5 billion into New Yorkers' pockets.

© 2015 AP         

Dave Lucas is WAMC’s Capital Region Bureau Chief. Born and raised in Albany, he’s been involved in nearly every aspect of local radio since 1981. Before joining WAMC, Dave was a reporter and anchor at WGY in Schenectady. Prior to that he hosted talk shows on WYJB and WROW, including the 1999 series of overnight radio broadcasts tracking the JonBenet Ramsey murder case with a cast of callers and characters from all over the world via the internet. In 2012, Dave received a Communicator Award of Distinction for his WAMC news story "Fail: The NYS Flood Panel," which explores whether the damage from Hurricane Irene and Tropical Storm Lee could have been prevented or at least curbed. Dave began his radio career as a “morning personality” at WABY in Albany.
Related Content