NY Governor In WNY to Launch New Tax Cap

July 5, 2011 Updated Jul 5, 2011 at 7:03 PM EDT

By Jennifer Stanonis

July 5, 2011 Updated Jul 5, 2011 at 7:03 PM EDT

LANCASTER, NY (WKBW) -- New York Governor Andrew Cuomo unveiled his new property tax cap at a family home in Lancaster Tuesday morning. He even signed the bill into law right on the front lawn. "It says that the property taxes can't go up more than 2% per year or the rate of inflation, whichever is less. Unless 60% of the people vote to override it in that locality," Governor Cuomo said. "The most destructive, the most dangerous of the taxes in my opinion is the property tax. We have some of the highest property taxes in the nation. They've gone up over 73% over the past 10 years."

The Martin family of five hosted the governor at their Schiffler Court home in Lancaster. "I'm happy we have the property tax cap and glad the kids get to see this," Jennifer Martin said.

Several senators and neighborhood residents were also there at the home in support of the new legislation. However, there are people against this tax cap including some school districts. Staff at the Kenmore-Town of Tonawanda School District says they have two main sources of funding; state aid and property taxes. With both now being cut the district says it will have to cut more programs and school staff.

"The answer can't always be for government more money, more money, more money. And the message to government, you're going to have to make ends meet, tighten your belt, have to understand economics just like every business and every family... understands it," Governor Cuomo said.

While the tax cap was a main topic during the governor's visit, a few other hot topics did come up including latest reports in the New York Post on President Barack Obama's possible plan on asking the governor to be his 2012 running mate. "To start I guess we have to ask what is your response to reports that the President may be asking you to be his running mate?" Eyewitness News Reporter Jennifer Stanonis asked Governor Cuomo during a news conference Tuesday. "Oh that's just political chatter and silliness," the governor answered. "We want to stay focused on doing the good work of the people of the state. We had a productive session in Albany this past legislative session, but we have a lot more to do and that's what I'm focused on."

Miss. Stanonis also asked the governor if there's any interest in running in the 2016 presidential election, which he declined to answer.

Another topic of the visit focused on the governor's recent appointment of now "former" New York State Assemblyman Sam Hoyt, as the Vice President of the Empire State Development Corporation. "I appointed Sam Hoyt to work on the number one priority for my administration and for Western New York," Governor Cuomo said. "THREE top priorities; jobs, jobs, jobs. It's all about economic development, it's all about jobs, and that's what Sam is going to be working on."

The topic of hydrofracking also came up. The state's Department of Environmental Conservation just released a new report end of last week on this and just posted it online Tuesday, which you can find at http://www.dec.ny.gov/press/75403.html. The Governor says it goes a long way toward balancing the economic needs of New York.