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The Chairman of the Westchester County Board of Legislators, Ken Jenkins (D-Yonkers) announced Friday that he has submitted legislation designed to cap local property tax growth. The move, he says, would impose long-term fiscal discipline and ease the burden on Westchester homeowners, who already pay the highest property taxes in the country.
Said Jenkins, "These are surely difficult times. We must provide New Yorkers with property tax relief." Adding, "Everyday residents have seen their property taxes rise at unsustainable rates. The debate is no longer whether or not there is a problem, or what caused the problem, but rather the debate is instead over how to ease the burden on homeowners."
Jenkins is calling for a proposed property tax cap that would limit tax increases to 3%, or the annual rate of inflation, whichever is lower.
His proposal would also allow voters to override the tax cap via public referendum.
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