Tax Cap Implications
Tax Cap Implications
Posted on 10/04/2011

Be Informed! Get Educated! It will impact our Children!

On June 24, 2011 the property TAX CAP was signed into Law for NEW YORK STATE

At the October 12th Work Session of the Board of Education, the Tax Cap will be discussed by the Administration.

The PTA urges all residents to attend this Work Session in order to better understand the implications for our School System.

 The growth in the property tax levy is now capped at 2% or the rate of inflation, whichever is less. Last year our property tax levy increase for the 2011-2012 School Budget was 2.58% and included a reduction in professional staff of 13.3 persons. More reductions will be needed to reduce the increase to just 2%.

The meeting will be held in the High School Library at 8:15pm