[Adopted 8-3-1981 by resolution]
A. 
The Village of Brightwaters utilizes the assessed valuations established by the Town of Islip for all properties in the Village for the purpose of setting the tax rolls.
B. 
The Town of Islip has been ordered by the court to change the manner of assessing real property.[1]
[1]
Editor's Note: See Ch. 48D, Taxation: Partial Exemption for Veterans, of the 1970 Code of the Town of Islip (L.L. No. 1-1985).
C. 
The State Legislature has approved, under Real Property Tax Law § 458, Subdivision 5(a), that, if the ratio between the exemption granted under § 458 and the total assessed value of the real property for which such exemption has been granted increases or decreases due only to a change in the manner of assessing real property by a court-ordered full-value assessment, the amount of the exemption heretofore or hereafter granted shall be increased or decreased in such subsequent year in the same proportion as the total assessment has been increased or decreased on all properly filed veterans exemption applications.
D. 
As filed and approved by the Board of Trustees of the Village of Brightwaters, all veterans exemptions shall be equated in the same manner.