According to a report issued by the Empire Center, the state’s 2% property tax cap will actually be 4.6% for school districts. The difference is the result of language that excludes from the cap some increases in employee pension payments.
While this may make some think that the tax cap is not working, let us be clear: The tax cap is working and is having the intended effect. Without it, and given all of the costs, the tax increase for homeowners would have been substantially higher. That would have a crippling effect on all of us.
Now we need our state elected officials to do what is necessary. It is time for them to take on unfunded mandates and help our local elected leaders control their costs. Anything short of real relief for municipal government and schools will be considered a failure of the Legislature and the Governor.