NY's real tax cap is 3 percent, maybe more
Though Gov. Andrew Cuomo and state legislators touted the tax cap as a 2 percent limit, school districts across the state are allowed to raise more under the law.
On average tax levies can rise 3 percent statewide, according to data released by the state comptroller's office Monday.
Further, exemptions in the law mean seven Hudson Valley districts could choose to raise levies more than...