Skip to main content
school tool       facebook       twitter       youtube
 
Click the QuickLinks below to access COVID-19-related and expanded in-person school updates: 

Thank you for your cooperation in keeping remote learning safe and private for our students and teachers by not taking screenshots or recording learning sessions conducted on Google Meet and Zoom.

North Syracuse schools - click for home
stars
 

Property Tax Levy Cap Law Information

In June 2011, New York state leaders enacted a law that places new restrictions on how school districts and municipalities may increase their tax levies.

Although the new law has been referred to as a “2 percent tax cap,” it does not in fact restrict any proposed tax levy increase to 2 percent.

The law does, however, require at least 60 percent voter approval for a school budget if the proposed levy increase exceeds a certain amount. That amount, called the “tax levy limit,” will be determined by each district according to a complex formula outlined in the law, and will vary by district.

New York State School Boards Association Tax Cap Q & A

 

Related news articles:

Central New York schools wrestle with state's tax levy formula- Syracuse.com, 4/1/12

Why New York's 2 percent property tax cap isn't really two percent- syracuse.com, 2-27-12

Tax Levy Limit calculated at 4.78 percent- North Syracuse CSD, 3/30/12

Central New York schools wrestle with state's tax levy formula- Syracuse.com, 4/1/12