Governor Cuomo promises to CAP real estate taxes because he believes they are too high.
Governor Cuomo’s NYS Real Estate Tax Facts: ( http://tinyurl.com/2ed83fo )
1. Property tax levies in New York grew by 73% from 1998-2008, more than twice the rate of inflation during that period.
2. New York has 2nd highest combined state and local taxes in the nation and the highest local taxes in America as a percentage of personal income, 79% above the national avarage.
3. The median property taxes paid by New Yorkers are 96% above the national median.
4. When measured in absolute dollars paid Westchester (1st), Nassau (2nd), and Rockland (5th) counties are among the 5 highest taxed in the nation.
5. When property taxes are measuredd as a percentage of home values over a 3 year period, the top sixteen counties in the nation are all in upstate New York.
BEDFORD NY– Bedford, Pound Ridge, and Westchester County police were on the move today on the ground and overhead.
They were racing from one house alarm to another on Tuesday. Burglars in broad daylight robbed seven Bedford homes all in the same general
area. The thieves ransacked the homes, bypassed Christmas presents, and got away with jewelry, electronics and video game systems.
Particularly disturbing for authorities is the number of people who called police today saying they saw something suspicious on Tuesday.
“They were observed in several different areas. The same vehicle description, the same persons description. It would have been helpful to get that
information right away,” Lt. Jeff Dickan said.
Jude Law and Sienna Miller have plunked down $12,298,650 for a London townhouse, and perhaps a modicum of relationship stability following a relatively tumultous period. British actors Law and Miller met during the filming of Alfie in 2003, but split up in 2005 after Law began an affair with the nanny of his three children with former wife Sadie Frost. They each had their flings (Law had a fourth child with New Zealand model Samantha Burke), but eventually rekindled their romance.
Though not married, the couple’s new 5,092-square-foot home certainly represents something of a commitment. With four floors and a finished basement, the Georgian-style home has 7 bedrooms and 5.5 bathrooms. A small walled and gated courtyard leads into a grand reception hall that befits the home’s history, which dates back to 1820. Click to the jump for house photos.
Ringo Starr and his wife, Barbara, are asking $4.5 million for their three-bedroom vacation home near Aspen, Colorado.
The 70-year-old Beatles drummer, who continues to tour with his All Starr Band, bought the home in 1990. The wood cabin sits on about 16 flat acres in Woody Creek and has frontage on Roaring Fork River. The roughly 3,200-square-foot cabin was built in 1987 and is surrounded by unused horse paddocks.
Next year’s budget will have to increase by 5.12 percent, or $5.97 million, in order to maintain current staffing and programming at the Bedford Central School District.
School officials detailed their estimates and forecasts for next year’s budget during Wednesday’s Bedford school board meeting.
The ‘go forward budget,’ or the budget to maintain existing programming and services, is estimated to be $122,450,000 next school year. That represents a 5.12 percent increase from this year’s budget.
“We’re assuming that we’re not going to get any increase in class sections, or any changes in class sections with no problematic changes to the student needs at this point,” said Mark Betz, the district’s assistant superintendent for business and administrative services.
These figures also assume that the district will use $4.4 million in budget reserves to help lower the tax levy.
The budget also doesn’t take into account the possible passage of property tax cap by the state Legislature. Governor-elect Andrew Cuomo’s property tax cap proposal would limit the amount of tax school district by 2 percent or the rate inflation.
One of the biggest thing driving up the budget are increased state employee and teacher pension funds, which are anticipated to increase by 35 percent next year, according to Betz.
Betz said those pension contributions are mandated by the state and that the district has no control over them.
“Just take that $2 million and think of that in terms of your tax levy,” Betz said. “Your tax levy, right now, is at $103 million. So, essentially, 2 percent is now added to your levy before you start just in pensions.”
Westchester County Executive Robert Astorino vetoed the 2011 budget sent to his desk by the Board of Legislators, citing reservations dealing with its revenues and spending. A total of 247 lines were struck out.
“The combination of phony revenues, wasteful spending, unfunded liabilities, illegal actions and rejection of generally accepted accounting principles jeopardizes our AAA credit ratings,” Astorino said of the $1.79 billion budget in a press announcement about his decision.
Legislators passed their budget on Friday. It calls for a two-percent tax decrease but with fewer reductions in social services than called for by Astorino, who proposed a series of cuts in November, as part of a budget version that calls for a one-percent tax decrease.
Despite the legislators’ 16-1 vote in favor of the budget, Astorino, a Republican, accused the board’s Democrats of not giving enough time for his administration or legislators in his party to scrutinize the proposal.
The legislators’ approved budget has been defended by Democrats for its treatment of taxes and services.
In an appearance before the New Castle Town Board Tuesday, County Legislator Mike Kaplowitz gave an update on the proposed budget, which he defended as something that “continues to provide essential services,” and listed what is covered.
Majority Leader Peter Harckham, whose district includes Mount Kisco and Bedford, had similar comments when the budget was passed.