Tonawanda News — Kenmore is the only taxing jurisdiction in the Tonawandas to exceed the state’s 2 percent property tax cap this year — and the village is doing so by only $3,200.
Statewide, New York Comptroller Thomas DiNapoli said 18 percent of taxing jurisdictions have opted to exceed the cap. Certain expenditures including paying down municipal debt and contributions to municipal pension funds are excluded from the 2 percent tax cap. School districts may craft spending plans that increase local property taxes by more than 2 percent but the budget must pass with more than 60 percent at a districtwide vote.
Locally, none of the three public school districts, North Tonawanda, Tonawanda or Ken-Ton opted to present a budget that exceeds the cap for the present year or 2014.
On a municipal level, both the City of Tonawanda and North Tonawanda are close to but below the threshold. The Town of Tonawanda is $3.2 million below its tax cap.
For a complete list of municipal expenditures under the tax cap, visit www.openbooknewyork.com