City of Binghamton, NY Article IX Homestead Base Proportions

[Adopted 2-24-1993 by L.L. No. 3-1993 (Sub-Part LXXVIII of the 1970 Code)]

§ 375-61 State law adopted.

The provisions of Real Property Tax Law § 1903, concerning homestead base proportions, are hereby adopted.

§ 375-62 Established by ordinance of City Council; applicability.

The homestead base proportions shall be established by ordinance of the Council of the City of Binghamton in accordance with the rules of the State Board of Real Property Services, and shall apply to taxes levied on the 1993-1994 final assessment roll and to taxes levied on subsequent rolls, until this article shall be repealed.