Gov. Andrew Cuomo wants to freeze the growth in the STAR rebates that homeowners receive on their school taxes as a cost-cutting move in the state budget.
STAR rebates were expected to grow at 2 percent a year, but Cuomo wants to end the increase, saying New Yorkers are already getting property-tax relief through a separate rebate check program.
Also, he argued, the growth in property taxes has slowed with the installation of a tax cap in 2011.
“The typical taxpayer has saved more than $2,100 under the property tax cap and, in addition, the average taxpayer will save $380 from the property tax credit program this year," said Morris Peters, a spokesman for the state Budget Division.
"These programs are having a much greater impact by controlling underlying property tax growth and targeting tax cuts to where they have the greatest impact.”
IthacaJournal.com:
Read More
This content is brought to you by the FingerLakes1.com Team. Support our mission by visiting www.patreon.com/fl1 or learn how you send us your local content here.