APPROVAL OF A STATE LEGISLATIVE BILL WHICH AUTHORIZES THE CONTINUATION
OF ALLEGANY COUNTY'S ADDITIONAL ONE AND ONE-HALF PERCENT SALES AND COMPENSATING
USE TAXES UNTIL NOVEMBER 30, 2019; DECLARING EXISTENCE OF NECESSITY AND
REQUESTING PASSAGE OF BILL BY STATE LEGISLATURE
Offered by: Ways
& Means Committee
Pursuant to Municipal Home Rule Law § 40
WHEREAS, the only
two substantial tax revenues available to Allegany County are real property and
sales, and
WHEREAS, Allegany
County is at its sales tax limit, and
WHEREAS, by
Chapter 174 of the 2015 Laws of the State of New York, the County of Allegany
was authorized to impose an additional one and one-half percent sales tax for
the period December 1, 2015, to November
30, 2017, and
WHEREAS, by
Resolution No. 200-2015, such additional sales tax was imposed for such period,
and
WHEREAS, Allegany
County is presently at 92.45 percent of its constitutional taxing limit for
real estate taxes, and WHEREAS, Allegany County will be at 100 percent of such constitutional taxing limit if such additional sales tax is not reauthorized, and
WHEREAS, Allegany County has had no substantial growth in real estate assessed valuation in the past five years, and
WHEREAS, in the current economic condition of Allegany County any substantial increase in real estate taxes would put in financial jeopardy the County's large percentage of senior citizens with fixed incomes who would have no choice but to pay such taxes out of such fixed incomes, now, therefore, be it
RESOLVED:
1. That the
Allegany County Board of Legislators approves of a State Legislative Bill
bearing Senate No. S.5167 and Assembly No. A.6790, entitled
AN ACT to amend the tax law, in relation to extending the
expiration of the provisions authorizing the County of Allegany to impose an
additional one and one-half percent of sales and compensating use taxes
2. That such
Board does declare that a necessity exists for the passage of such bill and
requests its passage by the State Legislature.
3. That the
Clerk of this Board is authorized and directed to submit to the Senate and
Assembly the foregoing request in such form and manner that conforms to rules
promulgated by concurrent resolution of the Senate and Assembly pursuant to
Article 3-A of the Legislative Law.
