Assembly Agrees To Governor's Tax Cap

The biggest single source of local education is property taxes in New York State.  There’s now word of a tentative deal between Governor Cuomo and state legislators to shrink that funding source.  Assembly Democrats have agreed to go along with the governor’s plan for a two percent cap on property taxes.  The governor calls it a good plan that would provide long-overdue relief for property owners in the state.  Senate Republicans, who’ve been pushing for their own version of a property tax cap, will now have to sign off on the deal.