Tax Cap Override Local Law

The Village of Greenwood Lake is adopting a local law to override the state property tax cap for the fiscal year commencing June 1, 2026.

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Description

The Village of Greenwood Lake, Orange County, New York, is proposing a local law to authorize a property tax levy in excess of the limit established under General Municipal Law SS3-c. This law would allow the Village to adopt a budget for the fiscal year starting June 1, 2026, that exceeds the tax levy limit. The law is adopted pursuant to subdivision 5 of General Municipal Law SS3-c and requires approval by a 60% vote of the Village Board. It includes standard provisions for severability, code preparation, and an immediate effective date upon filing with the Secretary of State.

Classification Codes
NAICS921120Legislative Bodies
PSCE1QAPURCHASE OF RESTORATION OF REAL PROPERTY (PUBLIC OR PRIVATE)
Smart Codes
property tax levylocal law adoptionmunicipal budget override
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