The governor's property tax proposal is not just about a tax cap. An equally important part of this was a “circuit breaker.”

To see how this would impact you go to http://www.nyspropertytaxreform.org/ and look for the Tax Calculator.

Also, let our Cayuga County towns and Cayuga County Legislature at least endorse the concept. See the example below.

The draft text of the Town of Marbletown town resolution appears below:

We, the Town Board of the Town of Marbletown, Ulster County New York, join in the call for property tax reform in New York State. The cost of services and rising land values and assessments are increasingly driving people out of family homes. This is a serious problem that negatively impacts every segment of our community and one that demands immediate and comprehensive action and reform at the state level.

We call upon the New York State Legislature to enact legislation that articulates two simple promises: (1) that property taxpayers are entitled to uniform and fair property tax assessments, including periodic property tax assessment reviews in each and every taxing jurisdiction within New York State; and (2) that no individual residential property owner shall be asked to pay an annual property tax increase on his or her primary residence that is in excess of four percent or the annual rate of inflation, whichever is more.

IN SUPPORT OF WHICH, The Town Board of Marbletown does put forward an urgent call to the New York State Legislature to enact meaningful property tax reform legislation that will:

(1) Immediately provide, for any New Yorke#r's primary residence, a “Circuit Breaker” cap, refunding a portion of annual property tax based on a percentage of income;

(2) Immediately limit future runaway tax growth by placing a cap on the annual increase in taxable assessment of primary residences that have not been modified, renovated or reconstructed so as to substantially increase their value, other than increases resulting from town-wide revaluations;

(3) Reduce or eliminate unfunded state mandates that add to local town and school property tax burdens; and

(4) Move as quickly as possible toward full state funding of all basic school revenue needs, thus eliminating the need for local school property taxes.

Bill Hecht

Union Springs