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DiNapoli: More School Districts Take Initial Steps to Exceed Tax Cap
… of school districts initially planning to override New York’s property tax cap in 2016-17 has nearly doubled … estimated the state’s school districts (excluding New York City and the Big Four city school districts) will …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-more-school-districts-take-initial-steps-exceed-tax-capDiNapoli: Tax Cap Nears Two Percent for 2018
… at 1.84 percent for the 2018 fiscal year, according to State Comptroller Thomas P. DiNapoli. This figure affects the … information on 130,000 state contracts, visit Open Book New York . The easy-to-use website was created to promote …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-tax-cap-nears-two-percent-2018DiNapoli: Tax Cap Remains at 2% for 2025
… decreased since the highs of 2022, but local governments are still facing higher prices for goods and services, …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-tax-cap-remains-2-percent-2025DiNapoli: School District Tax Levy Growth to Remain Below Two Percent
… the 2017-18 fiscal year, according to data released today by State Comptroller Thomas P. DiNapoli. The latest calculation …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-school-district-tax-levy-growth-remain-below-two-percentDiNapoli: School District Tax Levy Cap to Remain at Two Percent
… school districts will be capped at 2 percent, according to data released today by State Comptroller Thomas P. … starting July 1, 2019 including the “Big Four” cities of Buffalo, Rochester, Syracuse and Yonkers. The tax cap, which first applied to …
https://www.osc.ny.gov/press/releases/2019/01/dinapoli-school-district-tax-levy-cap-remain-two-percentDiNapoli: School District Tax Levy Cap Below 2 Percent for Second Straight Year
… Property tax levy growth for school districts will be capped at 1.23 percent, down … a levy growth rate of 1.23 percent and below 2 percent for the second year in a row, means they must examine their … The 1.23 percent cap affects the tax cap calculations for 676 school districts and 10 cities with fiscal years …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-school-district-tax-levy-cap-below-2-percent-second-straight-yearDiNapoli: School District and Big City Tax Levy Cap at 2% for Second Straight Year
… first applied to local governments and school districts in 2012, limits annual tax levy increases to the lesser of …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-school-district-and-big-city-tax-levy-cap-2-percent-second-straight-yearDiNapoli: Tax Cap Remains Below One Percent in 2017
… Property tax levy growth for local governments will be capped at 0.68 percent for 2017, decreasing slightly from 2016, when it was 0.73 … to local governments beginning in 2012, limits tax levy increases to the lesser of the rate of inflation or 2 percent …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-tax-cap-remains-below-one-percent-2017DiNapoli: Tax Cap at Two Percent for 2019
… time since 2013," DiNapoli said. "Despite the possibility of increased tax revenue, municipal budgets will still be … in 2012, limits tax levy increases to the lesser of the rate of inflation or 2 percent with some exceptions, including a …
https://www.osc.ny.gov/press/releases/2018/07/dinapoli-tax-cap-two-percent-2019DiNapoli: Tax Cap Remains at Two Percent for 2020
… Find out how your government money is spent at Open Book New York . Track municipal spending, the state's 160,000 …
https://www.osc.ny.gov/press/releases/2019/07/dinapoli-tax-cap-remains-two-percent-2020DiNapoli: Local Tax Cap Will Be Two Percent in 2022
… P. DiNapoli announced today. This figure affects tax cap calculations for all counties, towns, and fire districts, … may lead to challenging budget decisions ahead.” The tax cap, which first applied to local governments and school … a provision that allows municipalities to override the tax cap. The 2% cap for the 2022 fiscal year is the third time …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-local-tax-cap-will-be-two-percent-2022Property Tax Cap Property Tax Cap Instructions
Detailed instructions are found in this document.
https://www.osc.ny.gov/files/local-government/property-tax-cap/pdf/instructions.pdfProperty Tax Freeze Credit
… with the Property Tax Cap, the homeowner’s school district must also have a State-approved efficiency plan that …
https://www.osc.ny.gov/state-agencies/audits/2016/11/08/property-tax-freeze-creditTown of Dresden – Board Oversight of Financial Activities (2012M-191)
… The Town of Dresden is located in Washington County and has a population of approximately 650 residents. The Town … Town Board, which consists of the Town Supervisor and four councilpersons. Budgeted appropriations were $955,411 for 2011 and $954,272 for 2012. Key Findings The Supervisor has not …
https://www.osc.ny.gov/local-government/audits/town/2013/01/11/town-dresden-board-oversight-financial-activities-2012m-191DiNapoli: Tax Cap Will Drop Below One Percent in 2016
… includes all counties, towns, fire districts, 44 cities and 10 villages. “Local government officials need to brace … levels, delivery of services, fund balance reductions, and deferral of capital and infrastructure projects. And if inflation trends …
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-tax-cap-will-drop-below-one-percent-2016Three Years of the Tax Cap - Impact on School Districts 2013-2015 Tax Cap Data
Three Years of the Tax Cap - Impact on School Districts 2013-2015 Tax Cap Data
https://www.osc.ny.gov/files/local-government/publications/excel/schooldistricttaxcap0215.xlsTown of Decatur – Disbursement Oversight and Accounting Records and Reports (2020M-87)
… The annual financial reports (known as AUDs) and tax cap forms were not filed, as required. As a result, the Board … was unaware that the 2019 levy significantly exceeded the cap and did not pass the required local law to override the cap. Key Recommendations Ensure all claims are supported by …
https://www.osc.ny.gov/local-government/audits/town/2020/11/06/town-decatur-disbursement-oversight-and-accounting-records-and-reports-2020m-87Henrietta Fire District – Distribution of Foreign Fire Insurance Tax Proceeds (2025M-26)
… 2025 Understanding the Program In accordance with New York State Insurance Law (Insurance Law), FFI tax proceeds are … imposed on the premiums of fire insurance policies written by certain out-of-state insurers against loss or damage by … individual. As a result, two fire companies received more money than their pro-rata share ($1,322 and $61, …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/05/30/henrietta-fire-district-distribution-foreign-fire-insurance-tax-proceeds