The City of Jamestown is making another attempt at getting state funding for the Prendergast Landing Project. Jamestown City Council will review a request to apply for $2 million in Restore New York funding for the $2.7 million project located at … [Read more...]
City Council Approves Local Law To Override State Tax Cap
Jamestown City Council has approved a local law to override the state's tax cap as budget presentations continue for the proposed 2025 city budget. Under a state law passed in 2011, local municipalities may only raise property taxes from the prior … [Read more...]
State Comptroller Report Shows Local Governments Challenged by Slow Revenue Growth
ALBANY - The city of Jamestown isn’t the only community in New York State dealing with financial challenges due to slow or stagnant revenue growth while continuing to see expenses go up. State Comptroller Tom DiNapoli released a report on Friday … [Read more...]
Public Hearing on $35 Million City Budget is Monday Night
JAMESTOWN - The Jamestown City Council will hold a public hearing Monday on the $35 million dollar 2017 City Budget that was introduced by Jamestown Mayor Sam Teresi last month. The spending plan is $70,000 lower than the current year’s budget but … [Read more...]
DiNapoli: Tax Cap Will Drop Below One Percent in 2016
Lower Inflation Rate Will Impact Counties, Towns & Cities ALBANY (MEDIA RELEASE) - Property tax growth for local governments will be capped at less than one percent for the 2016 fiscal year, according to a report issued Tuesday by … [Read more...]
State Lawmakers Reach Last-Minute Agreement on Legislative Package
ALBANY - The State Legislature was supposed to have wrapped up its 2015 session last week, but lawmakers have decided to extend the session in order to take care of some last-minute, key issues. On Tuesday, Governor Cuomo joined legislative … [Read more...]
Education Leaders Urge State to Consider Changes to Tax Cap Policy
ALBANY - Not everyone is in favor of extending the state tax cap as it currently exists. Homeowners and elected officials are obviously in favor of the cap, but school officials, teachers unions and others involved with public education are … [Read more...]
Young Pushes for Permanent Property Tax Cap
ALBANY - Senator Cathy Young (R,C,I-Olean) says New York’s property tax cap law needs to stay permanent. With the prospects of the cap expiring, the Olean Republican has launched an online petition to garner support for the Senate Republican … [Read more...]
