State homeowners could get a break in their property taxes

When Maria Dugan moved into here home in Irondequoit 17 years ago she paid about $3,500 an year in property taxes. Today she’s paying lots more.

“I pay 4,200 a year. I think that’s a lot of money for a little home that I have,” said Dugan.

But relief could be on the way. In his budget address on Wednesday Governor Eliot Spitzer is expected to propose a cap on local property taxes.

"I think if they could cap everything off where were gonna get our moneys worth it would be wonderful,” said Dugan.

Irondequoit Town Supervisor Mary Ellen Heyman says in theory a property tax cap is a good idea. She’s just concerned about how it might be implemented.. “I think a property tax cap is a great thing as long as its fair and equitable between all communities,” said Heyman. Property taxes in New York are among the highest in the nation. Some also blame property taxes for discouraging new businesses for locating in the state.

“I think it'll help because the price of property taxes were number one or two in the country. That certainly is a deterrent when you're looking at trying to attract new businesses into the area,” said Rochester Business Alliance President Sandy Parker.

In the meantime, Dugan is waiting to hear the details of the plan and whether it’s going to be the break she’s looking for.