Monday, April 18, 2011

Long island Property Taxes Budget Vote and What is Contingency Budget


What is actually a Contingency Budget?
How does is affect our decision for Long Island school budget vote every year as a result increasing our Property Taxes to stratosphere?


Well in short we have no right to reduce taxes based on economic conditions. If they school budget for year 2010-2011 was say $100. and State paid $50 and tax levy was $50. Then this year 2011-2012 say state reduced the aid to $45 and assume CPI is 0.

Then the budget still stays at $100 and they will charge the tax levy at $55 to residents which is a 10% increase. And they don't even need a vote for that.

Now all they will do to fix the budget is not to cut fat but services as they are mandated to pay pensions and benefits which are skyrocketing. So if they need an additional $2 for this year for the benefits and pensions they will just cut staff and services to make for that $2. So its a double whammy !

1) You get charged 10% more in taxes
2) Less teachers more class size plus less services in sports , music programs, etc.

All because we have to pay those ridiculous pensions and benefits and pay raises. You voted for $100 as the budget last year not for $50 as taxes(its the loophole). So you have to pay up anyway whether you reject the vote.

Read Middle Country's budget, blackmail for 2011-2012 as an example !

A:  Under New York State education law, if the proposed budget fails, the board may adopt a contingency budget or resubmit the defeated or a modified budget for a second vote.  In the event that the proposed budget fails again, then the board is required to adopt a contingency budget.
 
A contingency budget is supposed to fund only those items determined by the board to constitute "ordinary contingent expenses."  Generally, an expense is considered contingent if it is a legal obligation, or necessary to maintain the educational program, preserve property or assure the health and safety of the students or staff.  The scope of ordinary contingent expenses was expanded by recent amendments to the law and no longer excludes items such as library books, interscholastic athletics, other extracurricular activities, and field trips, as had been done previously.
 
The contingency budget is capped at the lesser of:  1) 120% of the CPI; or 2) 4% over the prior year's budget.  There are some additional restrictions, including limitations on the administrative component, on equipment expenditures and on facilities use.  In addition, there are certain exceptions to the calculation, including debt service, tax certiorari payments and changes driven by enrollment increases. It is up to the board to develop and adopt a contingency budget; the voters are not involved.

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Long Island Property taxes most important issue, say LIers

No surprise here ! To stop this ridiculous rise in property taxes we have to educate our fellow LIers and contact your representative that they should demand Speaker Silver respond to the pleas of homeowners across the state and support a property tax cap in New York. It has already passed the senate but is being stalled in the Assembly by Assembly Speaker Sheldon Silver.

Also this year we are seeing some enormous rise in property taxes in school districts such as
William Floyd 12.47% and Seaford 8.99%. Some school districts such as Middle country is resorting to blackmailing its residents. The deal for districts residents is either approved a 6.68% increase or the district is going to force 21.61% increase in tax levy.


Published by THOMAS MAIER at Newsday

By a wide margin, property taxes are the most important issue facing Long Islanders, according to a Newsday / News 12 Long Island / Siena Research Institute Poll. Property taxes were cited overall by 45 percent of respondents, more than twice the 21 percent who cited "availability of good jobs" as the second most pressing issue for Long Islanders. "Property taxes are really an issue here because it keeps the young people from staying on Long Island and it will prevent the older people from staying, too," Tafuri explained.

Property taxes also are a large part of why the 57 percent of those polled said Long Islanders are headed in the "wrong direction" rather than the "right track" in the poll. A similar margin said New York State was headed in the wrong direction as well.

Property taxes are a particularly raw issue in Nassau County, where 53 percent cited them as the biggest issue, compared to 36 percent in Suffolk. Islandwide, Republicans and people 55 years or older complained about property taxes the most. "The Democrats love to spend money and they have to get it from the taxpayers," said one poll respondent, a retired Republican who lives on Nassau County's South Shore.

School costs - the biggest part of property tax bills - were also on the minds of Long Islanders who cited "the quality of public schools" among their top concerns. "The first thing I would do is eliminate tenure for teachers in public schools to cut costs," said another poll respondent, a 50-year-old Garden City man who is a Republican and who did not want to give his name. Although he was happy that his two children attending local schools got a good education there, he said his family's property tax bill has been overwhelming.

Property taxes hit a chord with all respondents, regardless of age, race, gender, religion, location or party affiliation. In addition to identifying the most important issue, the poll underlined the intensity of Long Islanders' general feelings about property taxes, with 86 percent calling the issue "very important" and 11 percent as "somewhat important." Crime, schools, good jobs and health care also received strong reactions, with traffic congestion and the local environment getting milder reactions.