The NYS Assembly left Governor Andrew Cuomo’s proposed Forest Preserve property tax changes out of its one-house budget bill late Monday night. The Assembly budget bill, a statement of priorities for the State Assembly, is expected to go to a vote later this week. The State Senate is expected to release its own one-house budget this week as well.
Cuomo’s budget proposes a cap on Forest Preserve property tax assessments and changes to state law from the current system of locally assessed property taxes to a system of Payments in Lieu of Taxes (PILOTs). (First reported by Anthony Hall here at the Adirondack Almanack.) » Continue Reading.
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