Our View: Property tax cap leaves too many questions

Wednesday, June 4, 2008 11:40 AM EDT

New York Gov. David Paterson is moving too hastily in embracing recommendations developed by the state Commission on Property Tax Relief.
Only one day after the release of a preliminary report (the final version is due in December), the governor's office said that the commission's principal recommendation #- a cap of 4 percent on school property taxes #- should be signed into law.

We support a cap on property taxes, but there are still too many unanswered questions about this proposal.

If 4-percent tax increases fail to adequately provide for quality education, state aid is going to have to make up the difference. But where is the state going to find the money?

Indeed, state Comptroller Thomas DiNapoli issued a statement Tuesday expressing concern about the state's ability “to keep its end of the bargain” and continue to increase funding for education “given our current financial condition.” He further suggests that New Yorkers need to scrutinize tax caps for the impact they could ultimately have on student performance.

Paterson is in such a rush to move on this issue that he said he'll bring the Legislature back for a special session if lawmakers fail to act on it before the June 23 end of the current session.

Why the sudden urgency?

None of the stakeholders have yet had a chance to study this proposal and provide any feedback on it #- or alternatives to it.

We don't want to see this pushed through by lawmakers eager to be able to say “I voted for tax relief,” because there's a real chance the cap won't be the effective tool it should be. If keeping property taxes in check means raising taxes and fees elsewhere to make up the difference, then the average taxpayer isn't going to be any better off than before.

The Citizens' Say

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There are 2 comment(s)

brew1234 wrote on Jun 5, 2008 1:34 AM:

" A tax cap will restrain poor budgets and planning by school boards. You won't give teachers raises of more than 4% if you can only increase taxes 4%. There is nothing preventing tax increases of more than 4% but the voters must approve the expenditure. It will give voters control of taxation. "

wshecht wrote on Jun 4, 2008 3:33 PM:

" The time is long overdue for property tax relief in New York State. People are loosing their homes NOW. Thousands more have already lost theirs yet no action is taken. The proposed 'Galef-Little circuit breaker' bill will go a long ways toward property tax relief for lower and middle class New Yorkers who have elected to stay in NY.

If you have not yet seen how the 'Galef-Little circuit breaker' would relieve your own property taxes based on your household income, please use the automatic calculator at this site, www.EyeOnTi.com. All you need to do is enter your estimated property taxes, expected household income, and county of residence, and the calculator will tell you to the dollar how much property tax relief you would receive from the state. Since the Galef-Little circuit breaker will apply to all your property taxes, be sure to enter the total of your school, town, and county taxes when using the calculator.

In addition to providing immediate relief to large numbers of NY families, the 'Galef-Little circuit breaker' will also act as insurance for every New Yorker for the 'rainy day' or time in their lives when they lose income due to injury, illness, retirement, or unemployment. It will greatly reduce the number of New Yorkers forced to sell their homes because of runaway property taxes.

And ask your County Legislature to at least support the concept of tax relief. "

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