Lowville- The Lewis County Board of Legislators will be holding their regular monthly meeting on Tuesday, September 1st at 5 PM in the second floor board room at the Court House in Lowville.
Law 7-2015 entitled " Local Law to Authorize Overriding the Tax Levy Limit Established by General Municipal Law 3-C (A/K/A 2% Property Tax Cap) for the 2016 Lewis County Budget." A resolution for a Public Hearing on the issue will also be introduced, as required, setting a hearing date of October 6, 2015 from 5 PM until 5:30 PM in the second floor boardroom in the Court House.
government’s overall growth in the property tax levy to 2 percent or the rate of inflation, whichever is less. For local governments, the limit stays in place unless the local governing body, by a 60 percent vote, enacts a local law (or for special districts, a resolution) that allows for an increase over the tax levy cap. The community may participate in the process because the local law is subject to a public hearing. The local hearing that precedes the vote on the local law is a chance for residents to educate themselves on why their elected officials believe they must exceed this cap. It is also a chance to question elected officials on what decisions they are making and to be heard on what services are important to the residents in the county budget, and what they may no longer be willing to support.
local government leaders make each year at budget time. The development of the tax cap is intended to give citizens an opportunity to work with local officials to measure the real value of government services and their impact on daily lives. Some local governments that struggle to meet the new limits on the total property tax levy that are established pursuant to the tax cap seek to add spending over the cap in order to continue providing services that residents see as important. Other options would capitalize on opportunities to reduce costs and increase efficiencies.
the past two years have been tied to the taxing jurisdiction complying with the 2 percent tax cap.
detailed explanation of the law can be found at http://www.tax.ny. gov/pdf/publications/orpts/capguidelines.pdf.
the resolution is introduced. The best way to voice your opinion on this matter is to save the date and attend the public hearing on October 6th. |
| Public Hearing to be Set as BOL to Discuss Overriding the 2% Property Tax Levy Cap for 2016 Budget 08/28/15 11:05pm |
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