The number of municipalities and districts reporting plans to override New York state’s 2% property tax levy cap has grown since 2022, in some cases, significantly, according to state Comptroller Tom DiNapoli, who called the finding a symptom of slow growth and mounting budget pressures.
The sharpest increase are among cities, with 45% reporting plans to top the limit in the 2026 fiscal year, compared to 13% in 2022, DiNapoli said in a report released Thursday. The number of villages moving to surpass the cap grew to 35.5% from 22.7% during the same time period, and the number towns went up
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