State budget sweetens school tax rebate

Many Long Islanders fed up with sky-high school taxes will soon get a break in the form of a tax rebate, courtesy of the state

For a homeowner who pays $7,000 in school

For a homeowner who pays $7,000 in school taxes and saw a 2 percent increase that amounted to $140, that $140 would be refunded. (Credit: News 12 Long Island)

Many Long Islanders fed up with sky-high school taxes will soon get a break in the form of a tax rebate, courtesy of the state budget deal.

Under Gov. Andrew Cuomo's plan, homeowners would get a refund for any increase in their school taxes, as long as that increase didn't surpass the state's roughly 2 percent tax cap. Legislators were able to sweeten the deal by taking it a step further and...

Content Preview This content is exclusive for Optimum, Time Warner® and Comcast® customers with access to News 12.

Already registered or an Optimum customer?
Log in
Time Warner®, Comcast® or Service ElectricSM customer?
Create an account

More on this topic

advertisement | advertise on News 12

Top 5 Must See

Islip Town officials updated residents on the future 1 Town gives update on Roberto Clemente Park reopening
The Patchogue-Medford School District has set up an 2 LI school district asks for homework opinions
A Lynbrook village police officer suffered broken bones 3 Lynbrook officer hurt responding to bank call; 2 arrested
Nassau police say the incident is the fifth 4 Police: Carle Place knifepoint robbery linked to Nassau pattern
The funds would also go toward repairing and 5 Lawmakers agree to include water protection in state budget

advertisement | advertise on News 12

More News

The spending plan agreement reached by state lawmakers DREAM Act funding not in state budget

The spending plan agreement reached by state lawmakers does not include funding for the so-called

Gov. Andrew Cuomo and legislative leaders reached an Assembly begins debating $140B budget

The budget includes $1.5 billion in tax relief for homeowners, if their local government stays