A New York property taxation commission yesterday recommended capping the state's property tax growth, reducing unfunded mandates, consolidating school districts, and decreasing personnel costs.

The proposals, which are part of a final report released by the New York State Commission on Property Tax Relief, suggests capping annual property tax growth at either the lesser of 4%, or 120% of inflation based on the consumer price index, but capital spending and debt service would not be included in that cap.

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