Property Taxes And New York Schools Things Look Good For Homeowners This Year

05.10.13 | Sarah Harnisch

A mere 4 percent of school districts in New York will try to get voter approval to override the state's property tax cap this time around. Only 28 of the 669 districts who filed their budget proposals with the state said they would seek approval of 60 percent of voters to override the cap. Last year was the first year of the cap. About 50 districts sought an override and nearly 20 failed. If a budget fails twice, the district is denied their tax levy. Most of the districts eyeing the override are in downstate New York, but Elmira Heights in Chemung County and Honeyoy in Ontario County are among those trying here. School budgets go up for a vote May 21st.