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HomeMy Public PortalAboutr 10-207 ~czollttiolt of tqc l~oro'tfl4 of C!Ictdcrd, ~. 31. No. 10-Xl7 Date of Adoption AJ 12] lqt 1Q, X110 OPPOS1NG ASSEMBLY BlLL A-2852 WHEREAS, Assembly Bill A-2852, released by the Assembly Housing and Local Government Committee, revises requirement that library tax be assessed against equalized value of property; and \VHEREAS, as such, A-2852, would revise the funding mechanism for the funding of municipal free libraries, currently the law requires that the 1/3 of a mill per dollar assessment of library ta.xes be against the equalized value of property, and so library tax revenues automatically i increase as equalized assessments increase, in many cases providing a library with more revenue I than it actually needs; and \VHEREAS, A-2852 would require the tax to be imposed against the assessed value of property so that the equalization process does not act to inflate the library tax revenues; and \VHEREAS, the New Jersey League of Municipalities strongly opposes AR2852 as released and has requested that all of its members to go on record similarly opposing the same. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Borough of Carteret, County of Middlesex, State of New Jersey, as follows: 1. That the Borough of Carteret hereby opposes Assembly Bill A-2852 released by the Assembly Housing and Local Govenunent Committee. 2. That a copy of this Resolution be forwarded to the New Jersey League of Mllllicipalities. Adopted this 19th day of August, 2010 and certified as a tme copy of the original on August 20,2010. KATHLEEN M. BAfu'lEY, wLvlC Municipal Clerk ~ RECORD OF COUNC1L VOTE COUNClLi\IA1\' YES NO NV A.B. COUNCILMAN YES NO NV I A.B.J BELLI~'O X KRUN X 1 J , I D1AZ X '''m~c X Ii X X nT i , , x - Indicate Vote AB - Absent NY - Not Votmg XOR IndIcates Vote to O~errute \ eto ~'-"'~""""" Adopted at a meeting of the i\funieipal Council