Property Tax Levy

noticeProperty tax levy growth for libraries with fiscal years that close on December 31st will be capped at 2 percent for the 2022 fiscal year, according to the Office of the State Comptroller. All libraries that have their own board and their own budget vote – even if you did not hold a vote/don’t plan to hold a vote in 2021 for FY2022 – are required to file the online “tax cap form” with the Office of the State Comptroller by the end of the year. A primer on the Tax Cap for libraries is available from MHLS at http://bit.ly/2ceMNlO.