The December Consumer Price Index Data is now available and the average annual change in the CPI-U is at 1.23%. This amount is the CPI factor to use for the 2021-22 Tax Cap.
You may view the Property Tax Cap Inflation and Allowable Levy Growth Factors chart issued by OSC by using this link:https://www.osc.state.ny.us/files/local-government/property-tax-cap/pdf/inflation-and-allowable-levy-growth-factors.pdf.
