Below please find the Report for the Tax Cap Review.
Once again we like to inform the reader so that they may make educated decisions.
December 28, 2012
Ms. Evelyn Wood, Town Supervisor
Town of Thurman
PO Box 29
Athol, NY 12810
Report No: 2012M-904-TC
Dear Town Supervisor Wood:
Chapter 97 of the Laws of 2011 established a tax levy limit on all local
governments in New York State, effective January 1, 2012. This law
requires that local governments maintain any property tax levy increase to
no more than 2 percent or the rate of inflation, whichever is less. The
law does provide exemptions for certain specific costs and allows the
governing board to override the tax levy limitation with a supermajority
We have determined that your tax levy for 2013 was materially within the
If you have any questions, please contact our Glens Falls Regional Office
at (518) 793-0057.
Steven J. Hancox
Division of Local