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Statement by NYSAC Executive Director Stephen J. Acquario on the latest State Budget Chicanery With Local Government Revenues
- By: NYSAC
- On: 02/15/2019 10:44:00
- In: Press Releases
Latest Budget Chicanery Takes
Statement by NYSAC Executive Director Stephen J. Acquario on the latest State Budget Chicanery With Local Government Revenues
The Governor's thirty-day amendment "fix" to earlier cuts to the Aid and Incentives to Municipalities (AIM) uses future Internet sales tax revenue that he is taking from counties to cover forced shortfalls.
This is a horrible precedent and unnecessarily shifts the state's burden to local taxpayers who already pay some of the highest taxes in the nation.
The state could have used its share of Internet sales tax revenue to make municipalities whole.
Forcing counties to use a portion of their Internet sales tax revenue to reimburse our municipal partners does not help the state reduce property taxes or help to offset the costs of services to our residents.
In the end, local homeowners and businesses just keep paying more for decisions made by the State.