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Tax Cap Override Local Law Approved

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Tax Cap Override Local Law Approved

Thursday, July 6, 2017

By unanimous vote, the Legislature adopted a Local Law permitting the Legislature to override the tax levy limit for 2018. (Legislators Martha Robertson, Mike Sigler, Peter Stein, and Glenn Morey were excused.) No one spoke at the public hearing preceding the vote.

The law does not necessarily mean that the Legislature will override the cap, but provides the Legislature flexibility to exceed the cap if it is deemed necessary. The Legislature has routinely passed such laws since the State Property Tax law was passed, and the law can be rescinded later. The Legislature has already directed the County Administrator to prepare a Recommended 2018 Budget based on a maximum 2.4% tax levy increase, in line with the currently the projected cap for 2018.