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Village to Consider Tax Cap Override

BOT To Discuss Issue at Jan. 9 Meeting

At its Monday, Jan. 9, 2012 meeting, the Village of Massapequa Park Board of Trustees will hold an important hearing, one in which they will take up the issue if the village wants to opt out of the 2 percent property tax cap.

The tax cap was enacted in Albany during the past legislative session. The legislation also came with the stipulation that local villages and municipalities could set the property tax levy in excess of the 2 percent limit. The Village of Mineola, for instance, did just that, even though village officials said enacting the override option was designed to give the village flexibility when the 2012-13 budget is debated and approved. 

The tax cap limits the increase in property taxes each year for school districts and local municipalities to 2 percent, or the rate of inflation. If a community chooses to increase taxes more than the tax cap allows, a 60 percent vote in a school budget vote or a 60 percent vote by a local legislative body can override it.

While saying that the Jan. 9 meeting will be just a discussion, Mayor James Altadonna, Jr. added that the “formulas (around the tax cap) are too convoluted to adopt,” noting that there are penalties involved for overtaxing. “If the numbers are wrong, the villages have to return the money,” he said. And if that is the case, then villages may end up with unforeseen budget deficits, Altadonna added.

In recent village meetings, the BOT voted to consider the installation of stop signs at Broadway at the intersection of Pennsylvania Avenue for north and southbound traffic. The BOT has approved several other measures, including one authorizing the village administrator to approve the banner request from the Massapequa Little League, another one approving the Business Cabaret License for the Irish Cottage, 1010 Park Blvd., and approving the purchase of geranium baskets for 201 from Bayport Flower Houses, 940 Montauk Hwy., Bayport. The BOT also accepted the report of village finances as performed by Skinnon and Faber, CPA, P.C. for the fiscal year ending May 31, 2011.

The BOT tabled discussion on a local law to amend a section in the village code, one that would include a new sub-section regarding sidewalk permits.