The provisions of Real Property Tax Law, § 1903,
concerning homestead base proportions, are hereby adopted.
The homestead base proportions shall be established
by resolution of the Board of Trustees of the Village of Wappingers
Falls in accordance with the rules of the State Board of Equalization
and Assessment, and shall apply to taxes levied on the 2003 final
assessment roll and to taxes levied on subsequent rolls, until this
article shall be repealed.