HomeMy Public PortalAboutr 03:249 03-249 Date ol Adoption August 14, 2003.
RESOLUTION SUPPORTING CONTINUATION OF ,THE~ "PROPERTY TAX
REIMBURSEMENT PROGRAM" AS INITIALLY CONTEMPLATED AND
IMPLEMENTED AND SUPPORTING ASSEMBLY BILL A-3627
WHEREAS, as the property tax burden increases under inflationary pressures,
senior citizens on fixed incomes find it increasingly difficult to meet all of their financial
obligations; and
WHEREAS, one of the favorable ways the State of New Jersey ~ssisted Senior
Citizens was to establish the "Property Tax Reimbursement Program," which froze
property taxes by reimbursing qualified New Jersey resident property owners for property
tax increases; and
WHEREAS, the State of New Jersey has decided that it could not afford to fund
the "Property Tax Reimbursement Program" this year due to other fiscal priorities, thus
eliminating the relief the State had previously instituted under this program; and
WHEREAS, the introduced Assembly Bill A-3627 strives to remove the income
level eligibility to receive a homestead property tax reimbursement; and
WHEREAS, the Borough of Carteret values its Senior Citizens and desires to see
them enjoy the benefits of the remedial purposes that gave rise to the.original '~Property
Tax Reimbursement Program" as well as those that have inspired Assembly Bill A-3627.
NOW, THEREFORE, BE IT RESOLVED, by the'Mayor and Council of the
Borough of Carteret that:
1. The State of New Jersey is hereby urged to return to the original "Property Tax
Reimbursement Program" and restore the necessary funding to make this possible
for our Senior Citizens.
2. The Borough hereby supports Assembly Bill A-3627 which would render more
Senior Citizens eligible for a property tax freeze.
3. A Copy of this resolution be hereby forwarded to the. offices of the Honorable
James McOreevey, Governor of the State of New Jersey and the Honorable
Representatives of the 19t~ Legislative District.
Adopted this [4Ih day of August, 2003
and certified a~ a true copy of the original
on August 15, 2003.
KATHLEEN I~i. BARNEY, RMC/CMC
Municipal Clerk
RECORD OF COUNCIL VOTE
t )[NCILSIAN'~__ YES NO ] NV A.B. COUNCILMAN YES NO NV A.B,
KRUM I_x [ --~- .... RIOS X
NAPLES , X I I i SITARZ X
PARISI ~ X i [ I SOSNOWSKI X
.,x . lndi,ut¢ Vote AB - Able;/[ NV . Not Voting XOR - .Indicates Vote to Overrule Veto
lugust 14, 2003