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Council opens public hearing on local law to allow exceeding New York's 2% tax cap

City council (unnamed city) · November 14, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The council opened and closed a public hearing on Local Law No. 7, a proposed local law to permit the city to exceed New York's 2% tax cap during budget preparation; corporation counsel said adoption would be required before adopting a budget that exceeds the cap. No public speakers addressed the measure.

The council opened a public hearing on Local Law No. 7, a proposed measure that would allow the city to exceed New York's tax cap, described in the meeting record as 2% of the levy. The motion to open the hearing was made by Councilman Jeffrey Rhodes and seconded by Councilwoman Jacqueline Denison; the council voted in favor and the…

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