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HomeMy Public PortalAboutResolution 01:160NOl 01-160 Date of Adoption Hay 17,2001 RESOLUTION IN SUPPORT OF S ¼ Scs, S2, and S3, PROVIDING DIRECT TAX RELIEF TO NEW JERSEY'S SENIOR AND DISABLED CITIZENS, PROPERTY OWNERS, AND MUNICIPALITIES WHEREAS, New Jersey Citizens need and deserve more property tax relief and local officials must have the tools to stabilize local property for residents; and WHEREAS, New Jersey Government has a budget surplus and those extra tax dollars should be put back into the hands of property owners; and WHEREAS, S IA Scs, increases the Homestead Rebate to $750.00 beginning in the 2000 tax year for residents 65 years of age or older or disabled, and increases the rebate according to a cost-of-living adjustments; and WHEREAS, S2 accelerates the phase-in of the NJ SAVER rebate by doubling the benefit to approximately $500.00 to be paid in calendar year 2001 and the full benefit of approximately $600.00 to be paid in calendar year of 2002; and WHEREAS, S3 increases the value of the legislative initiative municipal block grant program by $100,000,000.00 over three years; and WHEREAS, aid through the Legislative Initiative Block Grant Program shall be used solely and exclusively by each municipality for the purpose of reducing the amount the municipality is required to raise by local property tax levy for municipal purposes and will enable municipal officials to provide the highest level of services while holding taxes down. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Borough of Carteret, that: 1. We strongly support S1/4 Scs, S2 and S3, and urge the General Assembly of the State of New Jersey to approve these plans as soon as possible. 2. A certified copy of this resolution be transmitted to State Senator Joseph F. Vitale and Assemblywoman Arline M. Friscia and Assemblyman John S. Wisniewski. Adopted this 17th day of May, 2001 and certified copy of the original on May 18, 2001. KATHLEEN M. BARNEY RMC/CMC Municipal Clerk RECORD OF COUNCIL VOTE COUNCILMAN YES NO NV A.B. COUNCILMAN YES NO NV A.B. FAZEKAS X RIO.q X OUINONES X fiANTORO X REINAN X SOfJAYDA X X - Indicate Vote AB - Absent NV - Not Voting XOR - Indicates Vote to Overrule Veto par.. Adopted at a meeting of the Municipal Council . 52 _ lqay 1 ?, 2001 CLERK ~