ALBANY – An overwhelming majority of school districts are proposing to stay within the property tax cap.
According to the State Education Department, the statewide average proposed increase in the property tax levy is 2.37 percent. Ten districts are proposing decreases in their proposed levy and 22 districts are proposing zero increases in their proposed levy. Only 49 or 7.30 percent of school districts are proposing a tax levy that exceeds their cap, which would require a 60 percent majority vote to override.