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New York’s school property tax cap remains at 2% for the fifth year, affecting 675 districts and 10 cities.
New York's school district tax cap will stay at 2 percent for the fifth straight year, affecting 675 districts and 10 cities including Buffalo, Rochester, and Syracuse.
The cap limits property tax increases to the lower of inflation or 2 percent; inflation is projected at 2.63 percent for the June 2027 fiscal year.
Comptroller Thomas DiNapoli urged school and municipal leaders to manage rising costs and potential federal changes while maintaining services.
The 2012 law excludes New York City and allows local overrides under specific conditions.
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El límite del impuesto a la propiedad escolar de Nueva York permanece en 2% por quinto año, afectando a 675 distritos y 10 ciudades.