The City Council approved Mayor Bloomberg's plan to increase homeowners' property taxes by 7%, in a 33-to-18 vote, which the NY Times calls "a close one by City Hall standards." Clearly, many Council members, like Bill de Blasio who said, "I honestly believe we have no other choice. I salute the courage of my colleagues today," supported the measure, a few were critical. Councilman Simcha Felder said, "Today, the Council votes to take the bucket to the same old well and ask homeowners to bear the brunt of a swelling budget among dwindling revenues...I believe that is unacceptable and that will hurt all New Yorkers in this difficult time.” City Council Speaker Christine Quinn pointed out that the $400 property tax rebates, which the Mayor agreed to send out, could be used to pay for the increase in property taxes. Um, great.
Published Dec 19, 2008
Modified Dec 19, 2008
We rely on your support to make local news available to all
Make your contribution now and help Gothamist thrive in 2025. Donate today
