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WALL STREET JOURNAL --De Blasio Repeats Property Tax Pledge
February 4, 2014
New York City's Mayor Won't Recommend Increase in Rate
New York City Mayor Bill de Blasio won't recommend any increase to New York City's property-tax rate when he releases his fiscal 2015 budget proposal next week.
Mr. de Blasio discussed his intention on Tuesday, following through on a promise he made during his campaign last year.
"We have no plans for a property tax increase," Mr. de Blasio told reporters at City Hall of his first budget proposal; the fiscal year starts July 1.