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resolution 1 page

Also attached to this agenda item: LL 14 of 2022 Memo from Village Manager NYS Legislation

On motion of TRUSTEE _____, seconded by TRUSTEE ____, the following resolution was adopted by the Board of Trustees of the Village of Croton-on-Hudson, New York, with a - vote. Resolution #144-2022 WHEREAS, pursuant to § 467 of the Real Property Tax Law, the Village of Croton- on-Hudson maintains a senior tax exemption at the maximum level of 50% for those senior citizens earning $29,000/year or less; and WHEREAS, on August 8, 2022, New York State adopted legislation increasing the income eligibility level for the senior property tax exemption from $29,000 to $50,000; and WHEREAS, the option to increase the income eligibility level for the senior property tax exemption must be exercised through adoption of a local law, ordinance, or resolution after public hearing; and WHEREAS Local Law Introductory No. 14 of 2022 has been drafted to reflect such language, NOW THEREFORE BE IT RESOLVED that the Village Board of Trustees hereby schedules a Public Hearing for October 17, 2022, at 7:00 PM in the Georgianna Grant Meeting Room of the Stanley H. Kellerhouse Municipal Building to consider increasing the income eligibility level for the senior property tax exemption. Dated: October 3, 2022