But the logic of this “free money” is somewhat cloudy. How does it make sense to give more money to governments that say they don’t need it — or taxpayers who are already paying less?
This is less a common-sense proposal and more of a political gambit. The real winners from this proposal will be the elected officials who can campaign on the slogan that they held down property taxes for struggling New Yorkers. Good for them — not so great for our cash-strapped schools.
If Albany wanted to deliver meaningful change for local governments, schools and taxpayers, we’d rather see some of that mandate relief they’ve been promising us for years. That would do a lot more than this shell game, which only moves money around to make politicians look good.