City Budget

Property Taxes on Long Island: Zeroing in on the Problems and Solutions

October 15, 2007. This report takes a fresh look at the property tax "crisis" and finds that: flawed evaluations have resulted in flawed solutions, taxpayers in poorer districts struggle the most, and voters in wealthy districts choose to pay for high quality schools while voters in poorer districts have a much higher rate of rejecting school budgets. Two oft-touted reforms have a negative impact on local control and school equity; circuit breaker reform in contrast can be well targeted to those who need relief most. [...]

How to Reduce the Pressure on the Property Tax and Ease the Fiscal Burden on Struggling Local Governments

January 10, 2007. The four-part plan supported by FPI: implement a statewide solution to CFE; increase state's share of Medicaid and base counties' shares on ability to pay; restore commitment to revenue sharing; and eliminate the significant disparities in the STAR program. Prepared for the Center on Governmental Research conference on reforming property taxes in New York.

A Giveaway to Landlords

June 8, 2001. An op ed by Moshe Adler and James Parrott, published in the New York Daily News. With commercial rents skyrocketing, Mayor Giuliani and the City Council have decided to step in. Hold on to your wallet. Ostensibly to help commercial tenants, the mayor and the Council have decided to transfer $25 million a year from the pockets of taxpayers to the pockets of landlords. Here is how it will work. The city taxes commercial rents when they exceed $150,000 a year. In [...]

Go to Top