Auburn City Council will meet in a special session at 3:00pm this afternoon to vote to approve the city’s share of the 2018 Cayuga County tax levy.
Mayor Michael Quill announced the session on Tuesday. City Clerk Chuck Mason said on Wednesday’s Finger Lakes Morning News it’s a result of Gov. Cuomo’s executive order authorizing municipalities to collect early 2018 property tax payments so taxpayers can take full advantage of state and local tax deductions before the new federal tax law goes into effect.
In a statement, Mayor Quill said, “It is important that we do everything we can on the local level to help city taxpayers so that they can take advantage of the current full deduction for state and local taxes on their federal tax before the law changes next year.”
Mason added the new federal law puts a cap on the SALT deduction.
Most homeowners in Cayuga County will see higher property taxes next year. The Citizen reports 7 of 25 towns will maintain or decrease their tax levies. The Town of Brutus has the largest increase at 14.8%.