Lower Cost of Government
Governor Cuomo understands that our state's high property taxes are driving people from their homes and businesses. That is why he made lowering property taxes a top priority and, last year, he led the successful fight to enact the first ever property tax cap in the State.
This year, he is proposing sweeping reforms to relieve local governments of burdensome mandates that drive up their costs. Among his proposals are a state takeover of the growth of Medicaid costs over the next three years. This will save counties and New York City $1.2 billion over the next five years.
He has also proposed a modification of the state’s public pension system for future employees that will save local governments over $79 billion over the next 30 years.
Additionally, the joint Legislative Executive Mandate Relief Council, which will begin work this month, will hold public hearings to help foster a robust public discussion on further mandate relief proposals. The Council will then issue a package of recommendations to be voted on this legislative session.