Lifton: Assembly’s Budget Resolution Provides Property Tax Relief

March 13, 2005

"The Assembly’s budget resolution continues our efforts to reduce the Medicaid burden on local taxpayers. The Assembly’s plan calls for a complete cap on county Medicaid costs (Resolution C322). As of January 1, 2006, the state will permanently take over any additional Medicaid costs. This, combined with the state takeover of the Family Health Plus program enacted last year, will save property taxpayers in Cortland and Tompkins counties nearly $5.6 million. That’s $811,544 more than the governor’s plan would provide in 2006, and nearly $1.6 more in 2007. Overall, the Assembly’s plan provides more immediate and more significant property tax relief than the governor’s plan. Now that we’ve outlined our priorities, it’s time for the governor to negotiate a budget that makes better choices for working families."

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