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Tax Cap Override Local Law Approved

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Tax Cap Override Local Law Approved

Tuesday, July 3, 2018

The Legislature approved its standard annual resolution adopting a Local Law that permits the Legislature to override the tax levy limit for 2019 as part of adoption of the 2019 Tompkins County Budget.  The vote was 12-1, with Legislator Glenn Morey voting no and Legislator Mike Sigler 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 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The Legislature has routinely passed such laws since the State Property Tax law was passed, and the law can be rescinded later.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 2019 Budget based on a maximum 2.2% tax levy increase, which is less than the currently the County’s projected cap of 2.87% for 2019.