Understanding the tax cap
The two percent property tax cap isn't a two percent tax cap.
Well, with school budget season in full swing, let's explore this issue with a video from the Capital Region BOCES. Watch below for the answers.
"This video will attempt to simplify the process of figuring out a school district's tax levy limit, while showing you that New York state's supposed "2% Tax Cap" is not what it appears to be," reads the videos Youtube description.
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