Press Release 1/15/2015

Association of Towns’ Statement on the Proposed Property Tax Credit Program
In response to Governor Cuomo’s proposed property tax circuit breaker, we applaud him for his focus on property tax relief and agree that property taxes need to be addressed. However, numerous studies have shown that to achieve sustainable property tax relief, the state must provide robust revenue sharing, meaningful mandate relief and a fair property tax system that works equitably for all property owners whether you own a home, a farm or a business.
Even under recent economic strain, town governments overwhelmingly stay below the tax cap. Despite stagnant state aid and rising costs, town governments continue to provide essential services at fair costs because they are willing to work cooperatively and engage in innovative problem solving.

We welcome the opportunity to continue to work with the state Legislature this session on initiatives that will achieve sustainable property tax relief.