[Adopted 3-21-1996 by L.L. No. 3-1996]
The provisions of Real Property Tax Law § 1903, concerning the homestead base proportions, are hereby adopted.
The homestead base proportions shall be established by resolution of the Town Board of the Town of Southeast in accordance with the rules of the State Board of Equalization and Assessment and shall apply to taxes levied on the 1996 final assessment roll and to taxes levied on subsequent rolls until this article shall be repealed.