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Albany, NY
Informing and Connecting Engaged Citizens
New York
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February 27, 2017
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$36 Million in Savings to Farmers Through Agricultural Assessment Cap
"Governor Andrew M. Cuomo today announced more than $36.6 million in savings for farmers across the state through the first three years of the Agricultural Assessment Cap. Governor Cuomo signed the cap into law in 2013, preventing agricultural assessments from being increased by more than two percent per year. The previous cap was set at 10 percent. By keeping assessment increases low, farmers can rely on a more predictable tax climate and better plan for the future" , as reported by the Offical Office of Gov. Andrew Cuomo.
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