[Added 6-15-2010 by L.L. No. 28-2010, effective 1-1-2011]
A. 
Property tax revenue shall be limited to the extent it increases the property tax rate in the subsequent year.
B. 
Property tax rates shall not increase in the subsequent year by more than 4% of the property tax rate.
C. 
Notwithstanding any other provision of law to the contrary, the Town Board shall not increase property taxes from the previous year in any amount that would increase the total property tax rate by more than 4% over the previous year for Town budget purposes, including Town-Wide General Fund and Part Town General Fund, except for special and improvement district expenditures, including but not limited to water, streetlight, sewer, park, fire protection, ambulance, special road improvements and other similar special and improvement district purposes.
Notwithstanding the provisions of § 65-33, the Town Board may provide for an increase in the property tax rate in excess of the 4% limitation by an affirmative vote of a supermajority, two-thirds, of the Town Board.
If any clause, sentence, paragraph or section of this article shall be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not impair or invalidate the remainder hereof, but such adjudication shall be confined in its operation to the clause, sentence, paragraph or section directly involved in the controversy in which judgment shall have been rendered.
It is the Town Board's express intent and purpose, pursuant to § 10(1)(ii)(d)(3) of the Municipal Home Rule Law, and § 10 of the Statute of Local Governments, to supersede New York State Town Law § 63, to the extent necessary, by requiring an affirmative vote of a supermajority, two-thirds, of the Town Board as provided under this article.