NY S08049

If voters submit separate propositions for expenditures that collectively exceed the tax levy limit when combined with the school budget, the budget is approved by majority vote only if the budget alone does not exceed the tax levy limit.

Payments in lieu of taxes (PILOT agreements) on exempt properties must be included in the quantity change factor calculations for both local governments and school districts when determining tax levy limits.

BOCES (Board of Cooperative Educational Services) capital expenditures for facilities, leases, equipment, and dormitory authority payments are exempted from counting toward school district tax levy limitations under Education Law Section 2023-a.

School districts are no longer required to include BOCES capital costs in their contingency budgets or total spending calculations.

The amendments to sections related to tax levy limits take effect 120 days after enactment, with provisions for immediate rule-making authority to implement the changes.