For cities, there's little money in raising property taxes

... you can get just so much out of the folks who are still able to pay taxes," Comptroller Thomas DiNapoli said. Yonkers, which has property values four times as high than the average for other upstate New York cities, has also struggled with revenue. ...



via Yonkers Newswire http://www.pressconnects.com/needlogin?type=login&redirecturl=http%3A%2F%2Fwww.pressconnects.com%2Fapps%2Fpbcs.dll%2Farticle%3FAID%3D2013302240035%26nclick_check%3D1