[Adopted 10-19-2010 by L.L. No. 7-2010]
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taxes levied on the 2011/2012 final assessment roll and to taxes levied on subsequent rolls until this article shall be repealed.