Tuesday, March 18, 2014
 

 

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Governor announces support from local elected officials in push to cut property taxes

ALBANY - Governor Andrew Cuomo announced a wave of bipartisan support from local elected officials representing communities throughout the State who have spoken out in favor of his plan to cut property taxes. The Governor was joined in Albany by Albany County Executive Dan McCoy, Nassau County Executive Ed Mangano, and Ulster County Executive Mike Hein, who each voiced support for the Governor’s proposal to deliver property tax relief and called on other local government leaders to find ways to consolidate and share services in order to reduce the burden of government on New York’s taxpayers. As of today, more than 150 local elected officials have joined the Governor’s push to cut property taxes. A list of those local leaders can be found here. This announcement comes just weeks after the Governor launched the “No Excuses” push to cut property taxes, featuring the website http://cutpropertytaxes.ny.gov/.

“New Yorkers have been suffering under sky-high tax rates for too long, and this year we must cut property taxes to continue delivering relief to families and businesses throughout the State,” Governor Cuomo said. “After the success of the property tax cap, this year the State is in a position to deliver more than $1 billion in tax relief to millions of New Yorkers by cutting property taxes. In order to do that, the legislature must make property tax relief a reality in this budget, and our local governments must take steps to become more cost-effective. Today we heard from County Executives and other local leaders who recognize this reality, and are working to make government cost less. I commend them on taking this stand, and I urge all New Yorkers to join them in making their voices heard and demanding property tax relief this year.”

Nassau County Executive Ed Mangano said, “I support Governor Cuomo's tax freeze plan and urge the Legislature to pass this measure as homeowners and renters need tax relief now. My policy of freezing property taxes for the past four years has led to local job growth and the Governor's proposal will further assist residents in keeping their homes affordable while stimulating job creation. I thank Governor Cuomo for his constant leadership in addressing the burden of property taxes while working tirelessly to reduce the size of government and grow our State’s economy.”

The property tax freeze is a two year proposal that is designed to incentivize local governments to share services and reduce their financial burden on the taxpayer. New Yorkers will be eligible for property tax relief in the first year of the freeze if their local governments stay within the property tax cap. During the second year, the freeze will continue to provide relief to New Yorkers if their local governments remain within the property tax cap and also pursue concrete steps to consolidate, share services, and ultimately reduce costs. When fully implemented, the freeze would result in tax relief of up to $1 billion from local governments and school districts, with an average benefit of $354 for as many as 2.8 million taxpayers.