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HomeMy WebLinkAboutTB 2024-093 Adopt LL 9 of 2024 to Override Tax Levy Limit for FY-2025MEETING OF THE ITHACA TOWN BOARD September 9, 2024 TB Resolution2024 - 093: Adopting Local Law 9of 2024tooverridetheTax Levy Limit established in General Municipal Law §3-c Whereas, municipalities of the State of New York are limited in the amount of real property taxes that may be levied each year under the tax levy limit established in General Municipal Law §3-c, and Whereas, subdivision 5 of General Municipal Law §3-c expressly authorizes a municipality to override the tax levy limit by the adoption of a local law approved by vote of at least sixty percent (60%) of the governing body, and Whereas, a public hearing on the proposed local law entitled “A local law to override the tax levy limit established inGeneral Municipal Law §3-c”; was duly advertised and held by the Town Board at its September 9, 2024,meeting, and Whereas, pursuant to the New York State Environmental Quality Review Act (“SEQRA”) and its implementing regulations at 6 NYCRR Part 617, it has been determined by the Town Board that adoption of the proposed local law is a Type II action because it constitutes “routine or continuing agency administration and management, not including new programs or major reordering of priorities that may affect the environment,” and thus not subject to review under SEQRA; now, therefore, be it Resolved, that the Town Board adopts Local Law 9 of 2024 entitled“A local law to override the Tax Levy Limit established in General Municipal Law §3-c.” Moved: Susie GutenbergerSeconded: Eric Levine Vote: ayes – Gutenberger, Levine, Howe, DePaolo and Johnson