$175.5 Billion NY State Budget Makes 2% Property Tax Permanent, Includes Controversial Revenue Raisers
April 2, 2019ALBANY—Gov. Andrew Cuomo and the State Legislature reached an agreement over the weekend on a $175.5-billion FY 2020 state budget that makes the 2% property tax cap permanent and enacts a number of revenue raisers, including congestion pricing for sections of Manhattan, for the beleaguered Metropolitan Transportation Authority to fund capital upgrades to New York…
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