Tax Cap Archives - Riverhead News Review

11.14.2024 News

Riverhead preliminary budget met with mixed reactions

While some residents voiced their support for the 2025 preliminary budget at a public hearing held by the Riverhead Town Board last Thursday, others expressed dissatisfaction with the town’s...

05.05.2018 Editorials

Editorial: Ending the property tax cap is a bad idea

Cynthia Nixon, the Working Families Party candidate for governor of New York, recently spoke out against the state’s 2 percent cap on annual spending. She also came out against...

02.03.2017 Editorials

Editorial: How can a tax cap not factor in growth?

A major oversight in New York State’s property tax cap law is that it makes no exception for school districts that experience increased enrollment.

02.01.2017 Education

NYS Comptroller sets tax levy cap at 1.26 percent

Local school districts are preparing for another tight budget season this year, with minimal state aid increases projected in Gov. Andrew Cuomo’s tentative spending plan and a cap of...

12.02.2016 Editorials

Editorial: Budget should not include raises for elected officials

When New York State first approved its state property tax levy cap in 2011, this newspaper called it the biggest unfunded mandate of all. Two years later, we editorialized...

09.29.2016 Government

Walter’s tentative 2017 budget includes 4.1 percent tax levy hike

Riverhead Town Supervisor Sean Walter unveiled a tentative 2017 spending plan Thursday that includes a 4.12 percent increase to next year’s tax levy.

03.16.2016 Shoreham-Wading River School District

Shoreham-Wading River proposes 4.75 percent tax levy hike, won’t pierce cap

Shoreham-Wading River Superintendent Steven Cohen has pitched a nearly $72 million school budget for the 2016-17 school year, representing a 4.75 percent increase in the tax levy.

01.27.2016 Education

Schools prepare for tight budgets as tax cap looks to hold levy at 0.12%

Local superintendents preparing next year’s school spending plans are describing the process as daunting because they’re bound to nearly zero percent tax levy growth for 2016-17.

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