Owego Apalachin Voters Approve Amended School Budget
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Voters in the Owego Apalachin School District overwhelmingly approved a revised budget on Tuesday, about a month after the first budget proposal was voted down.
WSKG (https://wskg.org/tag/property-tax/)
Voters in the Owego Apalachin School District overwhelmingly approved a revised budget on Tuesday, about a month after the first budget proposal was voted down.
For the second time in two months, voters in the Owego Apalachin School District will decide whether to approve next year’s budget.
More than a week after voters rejected the budget for the Owego-Apalachin school district, the board of education has decided to hold a re-vote on a lower tax levy.
The Village of Penn Yan plans to exceed New York’s property tax cap this year. It’s holding a public hearing on the issue Monday night.
Top business organizations in New York are supporting Gov. Andrew Cuomo’s proposal to make the 2% property tax cap permanent.
Cuomo is drawing some lines in the sand on items that he said must be in the spending plan, like a permanent property tax cap.
Residents in Elmira are about to see their property tax bill go way up. The city proposed a 17 percent increase to fund staffing and services at the current level. It passed last night without a vote.
The tax plan unveiled by Republicans in the House of Representatives will disproportionately raise taxes on for those living in Northeast states like New York, New Jersey, and Connecticut. Many lawmakers from the region, including Republicans, are against the plan. For high tax states with high housing costs, the GOP plan is sobering. It would eliminate deductions for state and local income taxes while also capping property deductions. For example, New Yorkers making $75,000-$100,000 per year will have to pay taxes on $10,000 more in income.
HARRISBURG (WSKG) — When Pennsylvanians go to the polls next Tuesday, they’ll have a rare opportunity to vote to change the state constitution. They’ll decide via ballot measure whether to make property tax elimination an option. However, it would only be the first step in a long process. Property tax rates largely depend on how much school districts and local governments decide to exempt from taxation. Right now, state law lets them exclude up to 50 percent of an area’s median home value. The ballot measure would increase that cap to 100 percent–so jurisdictions could opt to totally eliminate property taxes.