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Cayuga County officials warn tax-cap figure may be under 3%; public hearing set on override resolution
Summary
County staff told the committee the tax-cap calculation depends on Comptroller and real-property inputs and may be under 3 percent; the committee reviewed timing for the public hearing and discussed whether to adopt a resolution reserving the option to exceed the cap.
County staff told the Ways and Means Committee the county’s tax‑cap calculation is not final and relies on several data sources that will arrive later in the year, including a growth factor from the state comptroller and real property data typically available in October or November. Staff said early indications suggest the tax‑cap figure may be less than 3 percent and that the county has…
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