School districts take initial steps to exceed tax cap

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According to a report from the state Comptroller Thomas DiNapoli, the percentage of school districts initially planning to override New York’s property tax cap in 2016-17 has nearly doubled when compared to last year, but still remains relatively small. According to preliminary data, 6 percent, or 36 of the 601 school districts that reported, indicated that they will seek an override of the tax cap. Property tax levy growth for school districts is capped at 0.12 percent this fiscal year. More on this report can be found here.