Governor David Paterson of New York makes an executive order, which takes the first step towards property tax relief by establishing measures to evaluate costs of mandates on local government.
The Gouverneour Times reports on NY property tax reduction.
"Governor David A. Paterson today took a first step towards providing real property tax relief to New Yorkers by issuing Executive Order No. 17, which establishes measures to evaluate costs of mandates on local governments. The Executive Order, signed by Governor Paterson today, represents the first step in a broad mandate relief agenda that he will push during the current legislative session. It will ensure an increased flow of information in an effort to make better decisions about the impacts of proposed legislation and regulations on property taxes for New Yorkers. The Executive Order applies only to regulation and legislation from the Executive Chamber or State agencies."
“It’s time to put the brakes on the spiraling cost of property taxes by taking a close look at unfunded mandates that are handed down from the State to local governments, and in turn drive up the cost of property taxes for New Yorkers across the State,” said Governor Paterson. “This Executive Order will provide us with more detailed fiscal information about the effects of proposed legislation and regulations. By having more detailed information earlier in the process, we will be able to better evaluate possible costs associated with regulations and our own program and departmental bills to ensure that we are making responsible and cost effective decisions for the residents of our State.”
Property taxes in the New York are 78 percent higher than the national average, the governor said. Paterson's new executive order requires any legislation or regulation proposed by his administration or state agency to first determine the fiscal impact on local governments.
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