OFFICE OF REAL PROPERTY SERVICES
|
Adjusted |
Executive |
Legislative |
Change |
|
STATE OPERATIONS |
||||
|
General Fund |
26,145,300 |
22,686,100 |
22,686,100 |
0 |
|
Special Rev.-Other |
13,355,700 |
14,351,100 |
14,351,100 |
0 |
|
Total for STATE OPERATIONS: |
39,501,000 |
37,037,200 |
37,037,200 |
0 |
|
AID TO LOCALITIES |
||||
|
General Fund |
21,929,000 |
18,911,000 |
0 |
(18,911,000) |
|
Total for AID TO LOCALITIES: |
21,929,000 |
18,911,000 |
0 |
(18,911,000) |
Agency Mission
The Office of Real Property Services (ORPS) is responsible for the supervision of local property tax administration in New York State. Accordingly, ORPS has programs to determine full market value of taxable property for more than 1,000 municipalities, to provide technical and financial assistance to local accessing units, and assist State agencies on issues related to property tax.
Year-to-Year Change
The Executive requests $55,948,200 for State Fiscal Year (SFY) 1999-2000, a net decrease of $5,481,800 or 8.92 percent from SFY 98-99 levels. This decrease reflects the net change of annualization of current year salary increases and elimination of funded vacancies.
Legislative Changes
|
Defer funding of STAR, assessor training and maintenance of assesment rolls. |
$(18,911,000) |
ATL/GEN |
The Assembly plan defers funding of STAR administration, assessor training and maintenance of assessment rolls at this time.
Legislative Proposals
School Construction/STAR/Debt Reduction Reserve Fund
The Assembly creates the School Construction/STAR/Debt Reduction Reserve Fund to be comprised of surplus revenues from each fiscal year starting in the State Fiscal Year 1999-2000. This fund will have the following purposes:
-- $100,000,000 will be provided for school construction purposes pursuant to Chapter 56 of the laws of 1998, otherwise known as RESCUE, for eligible school construction projects including new construction, modernization and reconstruction, physical capacity expansion, emergency projects, maintenance and repair, health and safety, accessibility and educational technology for schools.
The remaining surplus funds shall be directed for the following purposes:
-- 40 percent shall also be provided for school construction purposes pursuant to RESCUE;
-- Up to 30 percent shall be made available for the increase in obligations for the STAR provisions for each year succeeding the base year amount as currently required;
--The remainder shall be directed to reduce the outstanding debt of the State.