The State Senate and Assembly are looking at versions of a bill to provide aid to taxpayers by limiting the growth of school district spending through the use of a tax cap. A 2% cap is expected.
A tax cap will accomplish several things, one of which will be, of course, the limit to increased spending and importantly, pressure on Albany to make swift and effective changes to regulations and policies which cost districts millions, yearly.
Senate version of Property Tax Cap
S2706-2011: Establishes limitations upon school district and local government tax levies; repealer read the proposed bill here
Assembly version of Property Tax Cap
A3982-2011: Establishes limitations upon school district and local government tax levies; repealer read the proposed bill here
No comments:
Post a Comment