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A local law authorizing a property tax levy in excess of the limit established in General Municipal Law §3-c

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Inline resolution2018-03-12#1-2018
Original file not available onlineView version history →Meeting on 2018-03-12 →

A local law authorizing a property tax levy in excess of the limit established in General Municipal Law §3-c

Resolution #1-2018 — 2018-03-12

WHEREAS

  • It is the intent of this local law to allow the Village of Red Hook to adopt a budget for the fiscal year commencing June 1, 2017 that requires a real property tax levy in excess of the "tax levy limit" as defined by General Municipal Law § 3-c.
  • This local law is adopted pursuant to subdivision 5 of General Municipal Law §3-c, which expressly authorizes a local government's governing body to override the property tax cap for the coming fiscal year by the adoption of a local law approved by a vote of sixty percent (60%) of said governing body.

RESOLVED

  • The Board of Trustees of the Village of Red Hook, County of Dutchess, is hereby authorized to adopt a budget for the fiscal year commencing June 1, 2017 that requires a real property tax levy in excess of the amount otherwise prescribed in General Municipal Law §3-c.
  • This local law shall take effect immediately upon filing with the Secretary of State.