AFTER YEARS OF DIFFICULT FUNCTION BY THE COUNCIL LIKE- MINDED ADVOCATES FOR PROPERTY TAX OBLIGATION ADVISORY COMMISSION WAS CREATED IN 2018 TO EXAMINE THE PROPERTY TAX SYSTEM AND CREATE RECOMMENDATIONS TO MAKE IT STRAIGHTFORWARD AND FAIR, WHILE PREVENTING DECREASE IN REVENUES. ANY ADJUSTMENT IN THE TAX RATE WOULD– FOR INSTANCE, EACH CLASSES TAX OBLIGATION PRICE WOULD GO DOWN 10 PERSON. > > NO, ALL OF THE COMPONENTS OF THE TAX OBLIGATION SYSTEM THAT ARE SO TROUBLESOME ARE IN THE REAL HOME TAX LAWS.
IT IS PRESENTLY and essentially unjust NONTRANSPARENT BECAUSE OF THE ILLINFORMED OUTDATED LAWS, RESIDENTIAL OR COMMERCIAL PROPERTY TAXES IN CENTER COURSE NEIGHBORHOODS ARE SKYROCKETING WHILE THE RESIDENTIAL PROPERTY TIRES IN WEALTHY NEIGHBORHOODS ARE LOW. AFTER YEARS OF HARD FUNCTION BY THE COUNCIL LIKE- MINDED ADVOCATES FOR HOME TAX OBLIGATION ADVISORY COMMISSION WAS FORMED IN 2018 TO ANALYZE THE PROPERTY TAX OBLIGATION SYSTEM AND CREATE SUGGESTIONS TO MAKE IT EASY AND FAIR, WHILE PREVENTING REDUCTION IN REVENUES. THE TAX OBLIGATION WORRY ON LARGE RENTAL BUILDINGS IS HIGHER DETERMINED BY THEIR EFFECTIVE TAX OBLIGATION RATES THAN IT IS ON OTHER RESIDENTIAL FEATURES. THEY DID NOT RECOMMEND TRANSFORMS ON HOW COURSE 4 COMMERCIAL FEATURES ARE TIRED FINDING THE TAX OBLIGATION CONCERN IN NEW YORK CITY IS EQUIVALENT TO THAT IN OTHER LARGE CITIES. > > NO, ALL OF THE ELEMENTS OF THE TAX SYSTEM THAT ARE SO BOTHERSOME ARE IN THE GENUINE BUILDING TAX LAWS.> > MY ISSUE IS THAT FOR YEARS THE SYSTEM HAS EXISTED. > > OK. > > WE DO SHOT TO MAKE SURE THAT PEOPLE ARE GETTING BUT THEY ARE ENTITLED TO PIERS MACNAUGHTON EVEN MORE.
> > THE EXISTING SYSTEM NEEDS A CO-OPS CONDOS DEVALUED AS IF THEY WERE LEASINGS. > > IT WILL EFFORT TO EXPLAIN HOW VALUES ARE GOT HERE AT. > > THAT IS NOT REAL THAT HE DID ALL OF THAT TO GET EQUITY. > > THE INDUSTRIAL RENT TAX OBLIGATION WAS NOT COMPONENT OF THE CONVERSATION. > > WE DO TRY TO MAKE SURE THAT PEOPLE ARE OBTAINING BUT THEY ARE ENTITLED TO PIERS MACNAUGHTON MORE.> > I LOOK AHEAD TO TAKING UP MORE OF YOUR TIME TO WORK VIA THESE ISSUES. > > GREAT MORNING. > > THANK YOU.
> > WE WILL CERTAINLY HAVE TO HAVE THE REFORMS. > > THANK YOU. > > THANK YOU. > > THIS IS THE PROPOSAL THAT WE ASSISTANCE FROM THE PAYMENT. > > I WILL CERTAINLY JUST UNDERSCORE THIS, IN ORDER TO ADDRESS THIS ISSUE OF SHIFT.> > THE EXTENT OF THE SHIP– CHANGE IN CONCERN WOULD BE SMALLER. > > I BELIEVE THE DEBATE THAT THE COMMISSIONER MADE IN REQUISITES OF SIMPLICITY HAS SOME BENEFIT. > > THANK YOU, WE WILL LOOK OVER ALL YOUR TESTIMONY.
> > I HAVE A TENDENCY TO AGREE WITH THE MEANS THE CONTROLLER ADDRESS THAT. > > I CERTAINLY AGREE WITH MAINTAINING THE FOCUS ON THE REQUIREMENT FOR HOMEOWNER OWNER RESIDENTIAL OR COMMERCIAL PROPERTY TAX OBLIGATION REFORM, BECAUSE OF THE DIFFERENCES THERE ARE SO TERRIFIC. > > AM THE ACTING DIRECTOR OF NEW YORK CITY BUDGET OFFICE, THANK YOU FOR THE OPPORTUNITY TO APPEAR. > > THE EXTENT OF THE SHIP– CHANGE IN BURDEN WOULD BE SMALLER. > > THANK YOU REALLY MUCH AS ALWAYS.THEY DO SHOW THE EFFECTIVE TAX OBLIGATION PRICE, BUT THERE ISN'' T A TABLE THAT EVALUATES THE NUMBER OF OWNERS AND EACH WOULD QUALIFY AND WITH THE AGGREGATE SHIFT WOULD BE. >> > > THE LAST TWO FACTORS IS THAT THEY REALLY DO NOT ADDRESS THE HIGHER TAX OBLIGATION CONCERNS, WHICH WE THINK NEED A CLOSER APPEARANCE TO MAKE SURE THAT THE CITY REMAINS AFFORDABLE AND RENTAL REAL ESTATE PRODUCTION IS SUPPORTED.
>> > > THANKS FOR YOUR TESTAMENT.> > > GREAT EVENING. >> > > TO YOU FROM YOUR STATEMENT WILL BE TRUTHFUL TO THE VERY BEST OF YOUR UNDERSTANDING AND> IDEA? > > YES I DO. I BELONG TO THE LAND-USE AND HISTORIC CONSERVATION COMMITTEE. I DID PREPARE DOCUMENTS BUT SINCE A GREAT DEAL OF IT HAS ACTUALLY BEEN COVERED BY PREVIOUS AUDIO SPEAKERS, I WILL CERTAINLY JUST ENTER INTO AREAS WHERE I FEELING THAT SOME MODIFICATION COULD BE MADE. I OWN An APARTMENT, MINE ARE TOPPED AT $90 A QUARTER. NOW IT'' S UP TO 2800.
I AM NOT THE ONLY ONE IN THAT, EVERYBODY IN MY STRUCTURE IS EXPERIENCING THAT. AND I SEE THAT YOU ALL ARE EXTREMELY MUCH CONSCIOUS OF THESE TROUBLES. THEY BEGAN WITH AN EARNINGS OF $90,000, AND I THINK WELL THAT APPEARS LIKE An EXCELLENT EARNINGS TO START PROVIDING A REDUCTION, 90,000 FOR A FAMILY MEMBERS OF TWO IS VARIOUS FROM 90,000 FOR A FAMILY OF ONE OR THREE. IT OUGHT TO DEVELOP SOME KIND OF SYSTEM LOOKING AT THE HOMESTEAD REDUCTION. THERE WAS AN INDUSTRY THAT ESTABLISHED OVER THE YEARS WHERE THEY COULD APPLY TO THE DIVISION OF FINANCING TO COMPETITION THE VALUE. YOU HAVE A NUMBER THAT HAVE PRODUCED An ORGANIZATIONS OF CHARGING A COST, 15% OF THE QUANTITY OF MONEY REDUCED BY THE DIVISION OF FINANCING. THIS IS A CUMBERSOME AND COMPLEX SYSTEM THAT A PERSON CONTAINER NOT DO ON THEIR OWN. IF A LEGAL REPRESENTATIVE COULD ENTER AND APPLY, IT'' S REALLY UNFAIR HOW THEY ARE COMING UP WITH THE ANALYSIS VALUE.
>> > > I WILL LEAVE IT THERE, I REALIZE THE PROBLEM OF TAX IS QUITE IN FRONT OF A GREAT DEAL OF INDIVIDUALS'' S MINDS. >> > > THANK YOU QUITE. >> > > DO YOU ATTEST THAT YOUR TESTAMENT WILL BE TRUTHFUL TO THE VERY BEST OF YOUR KNOWLEDGE, DETAILS AND BELIEF? >> > > YES. I AM THE NEIGHBORHOOD LAND DEPEND ON CAMPAIGN ORGANIZER, COLLABORATING WITH NEIGHBORHOOD TEAMS TO CONSTRUCT AN ECONOMIC CLIMATE THAT WORKS FOR ALL. WE HAVE HELPED GREATER THAN 25 YEARS TO COMBAT AN EQUITY IN OUR FINANCIAL SYSTEM AND ECONOMY. TO ADVERTISE COOPERATIVE. A NETWORK OF AREA LAND DEPENDS ON, THOSE BRAND-NEW JOBS AND COALITIONS HAVE PARTICIPANTS OF THE ELIMINATED THE NYC TAX COALITION. OUR RESIDENTIAL OR COMMERCIAL PROPERTY TAX OBLIGATION SYSTEM IS REALLY INEQUITABLE AND LOOKING FOR REFORM, THE MAJORITY OF THAT CAN ONLY BE COMPLETED ON THE STATE DEGREE. AT THE CITY LEVEL, WE NEED THE CITY COUNCIL TO REPLACE THE JUST RECENTLY RUN OUT SYSTEM THAT USES THAT ILLOGICAL AND UNFAIR TAX OBLIGATION CODE, BACK TO DEPEND ON AT A DISCOUNT.
AND INSTEAD, WE INTEND TO CREATE AN EQUITABLE ENFORCEMENT SYSTEM THAT AVOIDS THE VARIATION OF HOMEOWNERS AND TENANTS, LONG- TERM PRICE AREA LAND COUNT ON. AND PRODUCING A PATHWAY FOR PRODUCTION. OUR UNION IS UPCOMING OUT SHORTLY WITH A PROPOSITION THAT WE ARE GOING TO BE SHARING, WHICH MAKES USE OF NEIGHBORHOOD LAND TRUST AND OTHER ENTITIES FOR HOMEOWNERS AND RESIDENTIAL PROPERTY PROPRIETORS. >> > > GREETINGS, CONTAINER YOU LISTEN TO ME? >> > > CAN YOU TURN YOUR ELECTRONIC CAMERA PHONE? >> >'> I ' D PREFER NOT TO. >> > > TO AFFIRM THAT YOUR STATEMENT WILL INDEED– BE TRUTHFUL? >> > > YES. >> > > I AM A HOME OWNER IN MUCH ROCKAWAY AND A MEMBER OF NYC AREA CAN MODIFICATION. I BECOME PART OF THE COALITION. REAL ESTATE TAX HAVE SKYROCKETED, ESPECIALLY IN QUEENS IN THE NEIGHBORHOOD I HAVE PROPERTY. MY REAL ESTATE TAX ARE BUILT RIGHT INTO MY HOME MORTGAGE. WHICH AFFECT MY PRICE OF LIVING. I'' M WORRIED THE GREATER BUILDING TAX GOES, IT WILL CERTAINLY AT SOME POINT IMPACT ME. YOUNGSTER IN MY NEIGHBORHOOD ARE SCARED TO BUY HOUSE DUE TO HIGH TAX OBLIGATIONS. I AM A MOM OF 3, I AM FEARFUL OF THIS THANKSGIVING DINNER DISCUSSION, WORRIED MY LITTLE GIRL MAY BREWED HER HOUSEHOLD TO ANOTHER STATE AS A RESULT OF THE HIGH REAL ESTATE TAX.
ALSO KNOW SOME ELDERLY THAT ARE FEARFUL OF LOSING THEIR RESIDENCE AS A RESULT OF HIGH RESIDENTIAL OR COMMERCIAL PROPERTY TAX OBLIGATIONS. SEVERAL OF THESE, THEY NEED TO CONTINUE TO MAINTAIN INSURANCE POLICY AND PAY THE TAX OBLIGATIONS. IT'' S EXTREMELY INEQUITABLE AND SEEKING MAJOR REFORM. WE ASKED THAT THE AREA COLLABORATE WITH US TO INSTITUTE A NEW SYSTEM. PREVENT DISPLACEMENT OF HOMEOWNERS AND TENANTS. >> > > I WILL OFFER YOU ONE EVEN MORE MIN. >> > > WE ASK THAT THIS BOARD MAKE SURE THAT THE TAX IS FAIR AND ADVISE YOU NOT TO ASSISTANCE ANY REGULATION THAT ENTAILS MARKETING REAL ESTATE TAX THAT TO AN UNACCOUNTABLE THIRD PARTY.
SEEING TO IT THE REGULATIONS DOES EVERY LITTLE THING TO PROTECT HOME OWNERS FROM HIGHER REAL ESTATE TAX. >> >> > > > > LET US SWEAR YOU IN. DO YOU AFFIRM THAT YOUR TESTAMENT WILL BE TRUTHFUL TO THE MOST EFFECTIVE OF YOUR UNDERSTANDING AND BELIEF? >> > > I DO. > > I AM WITH NEW YORK CITY COMMUNITIES FOR ADJUSTMENT, I AM DELIGHTED THAT THE CHAIR EARLIER ACKNOWLEDGED THE INEQUALITY OF OUR TAX SYSTEM. AND OUR TAXES AREN'' T IMPOSED SIMILARLY. HOW WE ADJUSTMENT ENFORCEMENT CONTAINER BE A BIG COMPONENT OF CHANGING THAT. IT WAS SIMPLY ANOTHER NAME FOR A LANDGRAB. WE ARE PACKAGING THE ADVISE NOT TO PRIVATIZE PROPERTY OWNERS ANY LONGER. SEE TO IT THE SYSTEM REMAINS ELIMINATED. WITH OUR UNION STRATEGY, WE COULD AFTER THAT SPEAK ABOUT TAX OBLIGATION AND EQUITY. THE PROGRAM FOCUSES ON DURABLE OUTREACH, THERAPY AND ALLEVIATION. IT WOULD ADDITIONALLY DEAL HOMEOWNERS THE CHANCE TO REMAIN IN AREA IN EXCHANGE FOR PUTTING THEIR LAND IN A NEIGHBORHOOD LAND TRUST FUND, EQUAL TO A SIMILAR AMOUNT.JUST PLACED IN THE
RECENT RECORD FOR HAVING 2 ZIP CODES OF THE TOP 5 IN NEW YORK CITY CITY FOR FORECLOSURE. WE ARE STILL RECOUPING FROM SANDY. STILL RECOVERING FROM THE REAL ESTATE COLLISION OF 2008. HOME OWNERS REQUIRED PROTECTION. I REALLY HOPE THAT THOSE CIRCUIT BREAKERS THAT EVERY PERSON MAINTAINS MENTIONING REMAIN IN AREA, DUE TO THE FACT THAT THE WORTH OF THE HOME SOUNDS EQUITABLE BUT– BUILDING BOUGHT IN THE 70s FOR TENS OF THOUSANDS BY SACRIFICE AND EFFORT, NOW WORTH HUNDREDS OF THOUSANDS BUT OWNED BY INDIVIDUALS WITH DEALT WITH INCOME. ESPECIALLY OUR SENIORS WHO ARE PAYING THEIR REGULAR BILLS WITH OTHER INDICATES THAT ARE GRADUALLY DRAINING PIPES THEIR WEALTH. PLEASE SHIELD OUR HOMEOWERS N AND COMMUNITIES. THANK YOU. > > THANK YOU. > > HI. DO YOU AFFIRM THAT YOUR STATEMENT WILL BE TRUTHFUL TO THE BEST >> OF YOUR EXPERTISE> AND BELIEF? PLEASE PROCEED. > > I ' M A PARTICIPANT OF BROOKLYN LEVEL UP AND REPRESENT BROOKLYN, A COMMUNITY ASSISTANCE> ORGANIZATION.WE GET ON THE TAX OBLIGATION UNION. I ' D LIKE TO EMPHASIZE A FEW THINGS THAT, THANKS FOR TAKING ON REAL ESTATE TAX REFORM. I'TIN ' T CONSIDER A THORNIER PROBLEM. THE REFORM NEEDS TO GO TO THE STATE. BUT THE ENFORCEMENT IS WITHIN THE COMMON COUNCIL PROVINCE, THAT ' S WHAT WE NEED TO SPEAK WITH YOU CONCERNING. THE APOLOGIST THE TAXING SALE UNION HAS CREATED A PROPOSAL, THAT TAKES NOT JUST THE FINANCING INTO ACCOUNT, BUT THE FACT THAT YOU ARE REPRESENTING NEW YORK CITY CITY, WE DEMAND YOU TO ASSIST YOU SAFEGUARD OUR HOMES. AND THE ENFORCEMENT SYSTEM OF OUR REAL ESTATE TAX IS A METHOD TO DO THAT. THE TAXING SALE HAS ACTUALLY DEVELOPED A STRUCTURE THAT WE WILL BE MAKING PUBLIC VERY SOON. TAKE TAX OBLIGATION IMPROVEMENT BACK TO THE CITY AND DOES NOT ALLOW UP. THE SECONDLY THING, IT GETS THE RESOURCES AND KNOWLEDGE BENT ON THEM MUCH EARLIER. AS SOON AS THEY BEGINNING GETTING BEHIND. WE WILL GET THIS TO ALL OF YOU, WE HAVE PUT A WHOLE LOT OF WORK INTO IT, BELIEVING HOW WE CANISTER TRANSFORM THE ENFORCEMENT INTO SOMETHING THAT ACTUALLY PROTECTS COMMUNITY AND DOES NOT LEAVE THEM AT THE GRACE OF A PRIVATIZED MARKET. > > WE HAVE LAURA > > I AM AN AFFILIATE TEACHER IN THE INTENDING DEPARTMENT AT SEEKER UNIVERSITY, CITY UNIVERSITY OF NEW YORK CITY. I> AM BELOW REPRESENTING MYSELF AND THE WESTERN NEIGHBORHOOD LAND TRUST. I THINK THE COMPENSATION FOR THE REPORT. I APPOINTED IT TO MY PUPILS THIS TERM. I AM ALSO RIGHT HERE LIKE LOTS TO JUST DEMONSTRATE SPEAK ABOUT NOT THE REAL ESTATE TAX FORM ITSELF BUT IN FORCING. I UNDERSTAND IT ' S GOING TO BE DIFFICULT AND I STRONGLY BELIEVE THAT A PROGRAM IS JUST GOING TO BE ANOTHER PREEMPTIVE.IT ' S MUCH SMARTER OVER TIME TO TAKE ON LONG-LASTING TAX OBLIGATION REFORM. I WISH TO SPEAK ABOUT SOMETHING THAT CANISTER BE DONE AT THE CITY LEVEL.
WE'RECENTLY PUT SEVERAL IMPORTANT INQUIRIES ON THE TALLY, AND CITIZENS RESOUNDINGLY VOTED TO ADD LANGUAGE, THE COMMITTEE HAS THE POSSIBILITY TO ESTABLISH THAT TOOLS. AND DELINQUENT TAX FINANCIAL DEBT. ANNUALLY, IT HAS BEEN EXCEPTIONALLY AFFECTED BY HOME MORTGAGE REFERRALS. TO CHANGE MODIFICATIONS IN THE ADMINISTRATIVE CODE, AND ATTENDING TO HISTORICAL HARMS AND PRODUCES NEW POSSIBILITIES. THANKS. > > WITH THAT SAID, THIS HEARING IS ADJOURNED.
> > YES. > > > > LET US SWEAR YOU IN. > > I DO. > > WE HAVE LAURA > > I AM AN AFFILIATE PROFESSOR IN THE PLANNING DEPARTMENT AT HUNTER UNIVERSITY, CITY UNIVERSITY OF NEW YORK. > > WITH THAT, THIS HEARING IS ADJOURNED.