DiNapoli: most towns stayed under the property tax cap
Monday, January 09, 2012 - 12:57 PM
It looks like local governments are coping with the state's tax cap after all.
According to a report from State Comptroller Thomas DiNapoli's office, 70 percent of localities were able to bring their budgets in line without overriding the 2 percent tax cap. The audit report also found that some five percent of localities had illegally exceeded the tax cap.
“Our review assisted local governments by providing insight into common issues and errors calculating the new tax cap, and I have directed my staff to develop additional training and expand our outreach to eliminate these errors," DiNapoli said in a statement.
The Comptroller found that 22 percent of localities voted to exceed the tax cap.