Property Tax Cap Workshop
10 a.m. - Noon
Crossroads Conference Center
6087 SR 19N, Suite 130, Belmont, NY
On June 24, 2011, Governor Cuomo signed Chapter 97 of the Laws of 2011, a tax levy limitation that establishes a real property tax cap for municipalities in New York State in relation to budget adoption. Since the law applies to the budget process for 2012, municipalities must begin planning for these changes and the implications of the new tax cap law.
Our Municipal Law Group has completed an assessment of the operation and implementation of the tax cap law, and we will review during the workshop the unanswered questions surrounding the new law as well as strategies and approaches municipalities should consider.