[Adopted 6-18-2018 by L.L. No. 2-2018]
The Village of Upper Brookville has established a Charitable
Gifts Reserve Fund ("CGRF") to receive unrestricted charitable monetary
contributions including those received pursuant to General Municipal
Law § 6-u. It is the intent of this article to now allow
a property owner who donates to the CGRF to receive a credit for the
payment of Village taxes levied against the owner's real property,
pursuant to Real Property Tax Law § 980-a ("RPTL 980-a").
A.
The Board of Trustees of the Village of Upper Brookville, having
duly authorized by resolution the establishment of CGRF, now authorizes
the Village Clerk/Treasurer to issue to any owner of real property
located within the Village who makes an unrestricted charitable monetary
contribution to the Village's CGRF a tax credit against the owner's
Village real property tax equal to 95% of the CGRF donation amount,
upon presentation of a written acknowledgment of such contribution
and submission of a tax credit claim. The maximum donation allowed
for any one fiscal year for a tax credit to a property owner for a
single parcel shall not exceed 105.3% of the Village tax for that
parcel.
B.
For purposes of administration, procedure and compliance with the
provisions of RPTL 980-a and the Charitable Gifts Reserve Fund Tax
Credit established by this article, the Village of Upper Brookville
shall be deemed a participating municipal corporation.
C.
The Board of Trustees of the Village of Upper Brookville may establish
by resolution additional rules, regulations and procedures in connection
with Charitable Gifts Reserve Fund Tax Credit, including setting or
adjusting the minimum and maximum amount of a donation a property
owner can make.
