Niagara Falls may exceed the tax cap in 2018 budget - The Buffalo News

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Niagara Falls may exceed the tax cap in 2018 budget

The City of Niagara Falls may exceed the state-mandated property tax cap in its 2018 budget.

"Right now they're $900,000 or $1 million over the cap," City Controller Daniel R. Morello said last week. For Niagara Falls, the 2018 cap is 1.84 percent.

The City Council will hold a public hearing on exceeding the cap at 6 p.m. Monday in City Hall, 745 Main St. The Council also set a meeting for 4:30 p.m. Wednesday, which could be the final budget session for the year.

The Council is required to pass a budget by Friday. Mayor Paul A. Dyster may  veto any changes the Council makes in his original budget proposal, but the Council can override the vetoes, if four of the five members agree to do so.

 

 

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