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HomeMy WebLinkAbout2024 #4 Override Tax Cap 2024Propose Local Law #4 for the Year 2024 A Local Law Overriding the Tax Levy Limit Established in the New York General Municipal Law §3-c in and for the Town of Groton Be it enacted by the Town of Groton Town Board, as follows: SECTION 1. LEGISLATIVE INTENT It is the intent of this local law to override the limit on the amount of real property taxes that may be levied by the Town of Groton, County of Tompkins pursuant to New York General Municipal Law §3-c, and to allow the Town of Groton to adopt a Town budget for (a) Town purposes and (b) any other special or improvement district governed by the Town Board for the Fiscal Year 2025, that requires a real property tax levy in excess of the "tax levy limit” as defined by the General Municipal Law §3-c. SECTION 2. AUTHORITY This local law is adopted pursuant to Subdivision 5 of the New York General Municipal Law, §3-c, which expressly authorizes the Town Board to override the tax levy limit by the adoption of a local law approved by a vote of sixty percent (60%) of the Town Board SECTION 3. TAX LEVY LIMIT OVERRIDE The Town Board of the Town of Groton, County of Tompkins, is hereby authorized to adopt a budget for the Fiscal Year 2025 that requires a real property tax levy in excess of the limit specified in the New York General Municipal Law §3-c. SECTION 4. SEVERABILITY If any clause, sentence, paragraph, section, article or part of this local law shall be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair, or invalidate the remainder thereof, but shall be confined in its operations to the clause, sentence, paragraph, section, article, or part thereof directly involved in the controversy in which such judgment shall have been rendered. SECTION 5. EFFECTIVE DATE This Local Law shall take effect immediately upon filing with the Secretary of State.