The provisions
of § 1903 of the New York State Real Property Tax Law concerning
homestead base proportions and nonhomestead base proportions are hereby
adopted.
The homestead
base proportions and nonhomestead base proportions shall be established
by resolution of the Village of Great Neck Board of Trustees in accordance
with the Rules of the State Board of Equalization and Assessment,
and shall apply to taxes levied on the 2011/2012 final assessment
roll and to taxes levied on subsequent rolls until this article shall
be repealed.