Assemblyman Robert Castelli (R-Goldens Bridge) believes property tax cap legislation is likely to pass when the New York State Assembly finally votes on the controversial bill. It has already passed through the State Senate and is awaiting a nod from the Assembly.The cap will allow for two percent increases under the proposed regulation.
The tax cap legislation is ready to go and will be voted on very soon, Castelli said. It will most likely be passed.
Castelli added that it has, like most legislation, come down to three men in a room hashing things out. In this case, the three men are Governor Andrew Cuomo, President of the State Senate Dean G. Skelos and Speaker of the State Assembly, Sheldon Silver.
I agree and support the tax cap legislation in its structure, Castelli said. Some find issue with the details of the bill. The bigger issue which has yet to be addressed is the unfunded mandates. These mandates are what can really provide relief to these communities.
There is nothing currently being drafted to fund these mandates but Castelli said that is the next order of business for lawmakers.
Many school districts in the area find fault with introduction of a 60% vote to make any changes to the budget.
"That 60% vote isnt the big issue. Its not whats hurting the budgets, Castelli said. Its just what is important to some in these communities.
Do you agree with a property tax cap?
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