Loading...
HomeMy Public PortalAboutr 09:039 2RBMIutfon .af tfrt ~orL1Uflfr:of mndtrd, ~ ~ W ~ No. OQ-iQ Do" or Adopltoo January 15, 2009 RESOLUTION RECOMMENDING AMENDMENT TO N.J.S.A. 40:54-8 REGARDING TAX LEVIES FOR FREE PUBLIC LIBRARIES WHEREAS, N.J.S.AAO:54-8 requires the Governing Body of every municipality which is governed by the law concemlng free public libraries to annually appropriate, and raise by taxation, an amount equal to one third of a mill on every dollar of assessable property within the municipality, based on the equalized valuation of such property; and WHEREAS, this law was fIrst enacted in 1944 and has only been amended once, that being in 1985; and \VHEREAS, the last amendment was over 23 years ago, and the initial law is now 64 years old; and WHEREAS, the equalized value of property within New JerseY' in 1944, as well as in 1985, was substantially less than the equalized value of property today, considering the rate of inflation and the boom in real estate market in the mid-ta-Iate 80's and again in the early-to- mid 2000's; and WHEREAS, though the equalized values of real estate have increased many times over- perhaps as much as 50 times the equalized values in 1944, and as much as two or three- fold since 1985-the state law (40:54-8) has not changed the fractional obligation of each municipality to contribute toward its free public library; and WHEREAS, the amount each municipality is required to contribute under the current statute far exceeds the reasonable needs and requirements of the free public libraries in the municipalities governed by this law. NO. OQ-iQ PAG" 2 of 2 NOW, THEREFORE, BE IT RESOLVED that the Borough of Carteret hereby urges the Legislature to revise the statutory requirements, in order .to reduce the mandated financial obligation on the municipalities and their taxpayers under 40:54:8; and BE IT FURTHER RESOLVED, that the Borough of Carteret urges that N.J.S.A. 40:54- 8 be amended to read as follows: "The governing body or appropriate board of every municipality governed by this article shall annually appropriate and raise by taxation an amount of not less than one-sixth of a mill on every dollar of assessable property within such municipality based on the equalized valuation of such property as certified by the Director of the Division of Taxation in the Department ofthe Treasury. Notbing herein shall prevent the municipality from appropriating a greater amount where the govenVng body, in its discretion, determines that such amount is appropriate," and BE IT FURTHER RESOLVED that copies of this resolution be forwarded to Senator Joseph F. Vitale, Assembly John S. Wisniewski and Assembly Joseph Vas, the New Jersey State League of Municipalities and the Governor ofthe State of New Jersey. Adopted this 15th day of January, 2009 and certified as a true copy of the original on January 16th, 2009. KATHLEEN M. BARNEY, MMC Municipal Clerk B COLON DIAZ RECORD OF COUNCIL VOTE' NO NY A.B. .COUNCILMAN YES NO NV A.D. x X K U NAPlES SITARZ x x - Indicate Vote AS - Absent NV - Not Vot,'"g XOR I d' " - n Icatc.sVoteloOverruleVcln Adopted at a meeting of the Municipal Council . J ~ Januar 15 2009 )\Zi:;t;U6 . I ~;y--