State Teachers Union Files Lawsuit to Overturn Property Tax Cap
Thursday, February 21, 2013
The state’s largest teachers union, New York State United Teachers, filed a lawsuit Wednesday against the state’s property-tax cap signed into law in 2011.
The teachers’ union has railed against the cap which limits the growth in property taxes to 2% a year. The union says the cap creates inequities in schools districts because wealthy schools would be more likely to override the cap. It takes 60 percent of the school budget vote in May to override the cap.
The union said it is contending that the tax cap is unconstitutional because it arbitrarily caps property tax levy increases. The cap is based on the rate of inflation each year.
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