Corning, N.Y. - The two percent property tax cap could force local programs to be cut. READ MORE...

 School district officials and school finance experts are saying the state’s 2-percent property tax cap is not the silver bullet many New Yorkers believe it is. READ MORE...

The city’s tentative property-tax roll for the fiscal year beginning July 1 was supposed to be released yesterday but was delayed by a computer glitch. Some assessments showed up online for about an hour before the gremlins set in. READ MORE...

CAMBRIDGE, N.Y. -- New York's property tax cap may not play a role during upcoming budgeting sessions in some local school districts. READ MORE...

Eight north country towns violated a limit on how much they can increase property taxes, highlighting the difficulties that New York governments will face with the new requirements. READ MORE...

The average assessment for residential properties in Rochester will increase by 4.65 percent, with commercial property assessments likely to be flat, city officials said Tuesday. READ MORE...

Three dozen Long Island taxing districts and municipalities have chosen to override the property tax cap that passed this year, according to data released by the state comptroller's office Thursday. READ MORE...

Taking the first steps in fulfilling a campaign promise to fix the County's broken property tax assessment system, the two executive orders Mr. Mangano signed require commercial property owners to file a certified appraisal by October 1 in order to challenge their assessment, and all property owners will be assessed every four years instead of annually. Read more

NEW YORK CITY-One of the key elements of a program for rehabilitating older building stock in Lower Manhattan had its lease renewed, so to speak, as the state legislature voted Monday to extend a tax break for four more years. The abatement in property tax and reduction in commercial rent tax through the city’s Commercial Revitalization Program are available to commercial tenants that take space in pre-1975 buildings south of Canal Street. The measure, sponsored by Assembly Speaker Sheldon Silver and State Sen. Daniel Squadron, has been submitted to Gov. David Paterson for his signature. Read more

Natural gas extracted from the Marcellus and Utica shale deposits might be subjected to a 3 percent severance tax proposed in the 2010-2011 Executive Budget.  The production tax, applicable to the market value of gas extracted using a horizontal well, has added an economic angle to an ongoing debate over expanded gas drilling in New York's Southern Tier that has focused primarily on environmental concerns. Read more

ALBANY -- A plan that would require nonprofit organizations -- from private colleges to public authorities -- to pay property taxes is being put together by a high-ranking lawmaker as Democrats who dominate the Senate develop a budget that will come with some real estate tax relief. Read more

ALBANY -- Senate Republicans are proposing a cap on property taxes that would be paid for by capping state spending. Read more

Taxes on New York state’s electricity and power producers are by far the largest in the nation, according to a new report. Read more

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