We're with Governor Paterson

"Enough is enough" says Governor David Paterson in announcing his support of a proposed 4% property tax cap. This proposal was unveiled yesterday by the State Commission on Property Tax Relief. The ARCC has annually spoken out before the County Boards of Supervisors, Town Boards and City Councils, as well as School Boards in support of a 3% limit on the increase in the tax levy. The Governor's support of this Commission recommendation offers all property taxpayers - - including businesses in New York - - some hope that the end of skyrocketing property tax bills is coming soon.

There are 24 other states that have adopted similar proposals. ARCC President Todd Shimkus once served as both a School Board member and Town Board member in a small Town in Massachusetts. He recalls having to adopt school and town budgets that were subject to a 2.5% cap in the increase in the property tax levy. "I'm certain we would have spent more taxpayer money were it not for the 2.5% cap," notes Shimkus. "The cap forced us to make some tough decision and to focus on economic growth as a means for funding our priorities. The level of fiscal discipline that a cap inspires is badly needed in New York. For instance, it just might provide the leverage we need to push for regional shared services and a reduction in unfunded state mandates."