New York Comptroller’s Report Identifies Ulster County As a Leader In the Region In County Property Tax Reduction

In the New York State Comptroller’s report entitled “County Tax Cap Recap,” New York State Comptroller Thomas P. DiNapoli summarized tax cap compliance actions taken by counties throughout the State. Enacted in 2011, the Property Tax Cap legislation limits the amount by which local governments and school districts can raise property taxes – to the lesser of the rate of inflation or 2 percent