On August 8, 2012 Nassau County filed a Notice of Appeal, which stayed Judge Thomas Adams’ Order that required the County to pay property tax refunds within 60 days, or risk having its bank accounts seized. While the County stated it filed the notice of appeal to preserve its rights, the appeal only prolongs the inevitable: the County must return to its… Continue Reading
Monthly Archives: October 2012
New York’s Property Tax Reform: Better Business or Business as Usual?
Posted in Assessments, School Districts, UncategorizedIn our last post, we discussed Governor Cuomo’s September 27 press release in which the Governor’s office lauded the success of the property tax cap and the huge long-term benefits it will purportedly provide for the State’s taxpayers. However, in a Background Paper issued on October 9, 2013, the Tax Foundation concluded that the business tax climate of New York State… Continue Reading
NY Property Tax Cap Update – Cuomo Says…
Posted in School DistrictsOn September 27, Governor Cuomo issued a press release and a colorful report lauding the success of the property tax cap (for a quick summary of what exactly the tax cap is, check out the Governor’s webpage). The NY Daily Times touted that the program will bring “huge long-term benefits for taxpayers and the state’s economy”… Continue Reading