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2008-2422008-242 Resolution Adopting Base Percentages, Current Percentages, Current Base Proportions and Adjusted Base Proportions Pursuant to Real Property Tax Law Article 19 for the Levy of Taxes from the 2008 Assessment Roll At a regular meeting of the Town Board of the Town of Wappinger, Dutchess County, New York, held at Town Hall, 20 Middlebush Road, Wappingers Falls, New York, on August 11, 2008. The meeting was called to order by Christopher Colsey, Supervisor, and upon roll being called, the following were present: PRESENT: Supervisor - Christopher J. Colsey Councilmembers - William H. Beale (arrived at 7:07 PM) Vincent F. Bettina (departed at 9:32 PM) Joseph P. Paoloni ABSENT: Maureen McCarthy The following Resolution was introduced by Councilman Beale and seconded by Supervisor Colsey. WHEREAS, pursuant to Real Property Tax Law §1903, the Town Board enacted Local Law 1 of 1987 which authorized the Town to levy taxes on Homestead Properties and Non- `""` Homestead Properties at different rates; and WHEREAS, Real Property Tax Law §1903 requires the Town to certify Base Percentages, Current Percentages and Current Base Proportions for the 2008 Assessment Roll for Homestead and Non -Homestead Properties; and WHEREAS, the New York State Office of Real Property Services has proposed, calculated and determined the required Base Percentages, Current Percentages and Current Base Proportions for the 2008 Assessment Roll for the Town of Wappinger, as shown on the document entitled "Certificate of Adjusted Base Percentages, Current Percentages, and Current Base Proportions Pursuant to Article 19, RPTL, for the Levy of Taxes on the 2008 Assessment Roll" dated 7/30/2008, a copy of which is annexed hereto; and WHEREAS, the Assessor for the Town of Wappinger has reviewed the calculations and has determined that they accurately reflect the values of properties denoted on the 2008 Assessment Roll and recommend that they be adopted. NOW, THEREFORE, BE IT RESOLVED, 1. The recitations above set forth are incorporated in this Resolution as if fully set forth and adopted herein. 2. The Town Board hereby accepts and adopts the Base Percentages, Current Percentages, Current Base Proportions and Adjusted Base Proportions as set forth in the Certificate of Adjusted Base Percentages, Current Percentages, and Current Base Proportions Pursuant to Article 19, RPTL, for the Levy of Taxes on the 2008 Assessment Roll prepared by the New York State Office of Real Property Services dated 7/30/2008, copies of which are attached hereto, consisting of four pages. 3. The Town Clerk, is hereby directed to certify on behalf of the Town of Wappinger the Certificate of Adjusted Base Percentages, Current Percentages, and Current Base Iftw Proportions Pursuant to Article 19, RPTL, for the Levy of Taxes on the 2008 Assessment Roll prepared by the New York State Office of Real Property Services dated 7/30/2008 and to deliver the Certificate to the necessary parties as required by law. The foregoing was put to a vote which resulted as follows: CHRISTOPHER COLSEY, SUPERVISOR Voting: AYE WILLIAM H. BEALE, COUNCILMAN Voting: AYE VINCENT F. BETTINA, COUNCILMAN Voting: ABSENT MAUREEN McCARTHY, COUNCILWOMAN Voting: ABSENT JOSEPH P. PAOLONI, COUNCILMAN Voting: AYE Dated: Wappingers Falls, New York 8/11/2008 In 05 The Resolution is hereby duly declared adopted. ao r I ' J HN C. MASTERSON, TOWN CLERK RP-6701 .................................................................................. NEW YORK STATE OFFICE OF REAL PROPERTY SERVICES ........................................................................................... • 16 SHERIDAN AVENUE, ALBANY, NY 12210-2714 08/19/08 CERTIFICATE OF BASE PERCENTAGES, CURRENT PERCENTAGES AND CURRENT BASE PROPORTIONS PURSUANT TO ARTICLE 19, RPTL, FOR THE „LEVY OF TAXES ON THE 2008 ASSESSMENT ROLL ,,,,,,,,,,,,,,, Approved Assessing Unit Town of Wappinger,•135600 .,,,,•,,,,. *,..,,.,,,...,,,,,.,......,.•,,..,,,,....,,.......,,.,,,.,,,,...,..•., ' Name of Portion Town of Wappinger, 135600 • CERTIFICATION ' DETERMINATION OF BASE PERCENTAGES = ' Section I ' (A) (B) (C) f (D) , 1991 1991 Estimated Base Taxable Class Market Percentages ` Assessed Value Equalization Rate Value Class ` A/(B/100) (C/sum of C) ' Homestead 593,726,209 61.96 958,241,138 71.1719 f Nonhomestead 253,684,430 65.36 388,134,073 28.8281 Total 847,410,639 1,346,375,211 100.0000 ` DETERMINATION OF CURRENT PERCENTAGES — 'Section II ` (E) (F) (G) (H) Prior Year Prior Year Estimated Current , Taxable Assessed Value Class Market Equalization Rate Percentages ' y Class including Value ' 1, the clerk of the legislative body of the approved ' Special Franchise E/(F/100) (G/sum of G) assessing unit identified above, hereby certify Homestead 2451:964,477 100.00 ` that the legislative body determined on l 2,451,964,477 73.5430 ` base percentages, current percentages, a d f Nonhomestead 882:093:049 100.00 ' current base proportions as set forth herein for the 882,093,049 26.4570 " assessment roll and portion as identified above. Total 3,334,057,526 -- — — 3,334,057,526 100.0000 ' DETERMINATION OF CURRENT BASE PROPORTIONS Section 111 (Il (J) (K) (L) (M) (N) (0) ' Local Base Updated Prospective Adusted % difference Maximum Current / r Proportion Local Base Current Base Base Proportion between prior Current Base Proportions ` for the Proportion Proportion used for Adjusted Base Proportion ?L(�' 1992 Part (J) Prior Tax Levy Base Proportion ignature Assessment Roll Prorated and Prospective to 100.00 Current Class Base Proportion , Cie4-K 1'(H/D) (J/sum of J) ((K/L)-1'100) (L'1.05) title f Homestead 56.5749 58.4596 59.4627 67.63295 -12.08 66.0146 Nonhomestead 43.4252 39.8535 40.5374 32.36705 25.24 33.9854 C- 33.9854 '"t (Cb d Total 100.0000 98.3131 100.0000 100.0000 100.0000 ' .. ................-- ..,,....... ,...... ,, .,.... ,...... ,.,,.,.......... ,,,,,,,,,, .,.»,,.....,,..,.....,,,,.,,,...,,,,.....,,.,...,...»............... ' RP -6703 NEW YORK STATE OFFICE OF REAL PROPERTY SERVICES ................................................................................................... . 08/19/08 ' ' 16 SHERIDAN AVENUE, ALBANY, NY 12210-2714 CERTIFICATE OF ADJUSTED BASE PROPORTIONS PURSUANT TO ARTICLE 19, RPTL • ......................................................•_•___..... FOR THE 2008 ASSESSMENT ROLL ......................... ............._................................... - ' Approved Assessing Unit Town of Wappinger, 135600 ......................................... ...................................................................................... ' Name of Portion Town of Wappinger, 135600 CERTIFICATION ' Reference Roll 2007 , ' Levy Roll 2008 - ' DETERMINATION OF PORTION CLASS NET CHANGE IN ASSESSED VALUE DUE TO PHYSICAL AND QUANTITIY CHANGES, ' Section I EQUALIZATION CHANGES AND COMPUTATION OF CLASS CHANGE IN LEVEL OF ASSESSMENT FACTOR - • (A) (e) (C) (D) (E) ' Total Total Total Net Surviving ' Assessed Value Assessed Value Assessed Value Assessed Value Total ' on the of Physical and of Physical and of Assessed Value ' Reference Roll Quantity Increases Quantity Decreases Physical on the ' Excluding between the between the and Reference Roll - ' SpecialFranchise Reference Roll Reference Roll Quantity Changes • 8 Wholly Exempt and Levy Roll and Levy Roll - :Class (B -C) [A -C) Homestead 2.541,723578 46823.614 8,855.392 37,928,222 2,532,828,186 - ' Nonhomestead 866,968,565 22.275.648 9,166,714 13,108,934 857,801,851 (F) (G) (H) UI Total Total Net Change Assessed Value Assessed Value Equalization in Level of I, the dark of the legislative body of the approved of Equalization of Equalization Changes Assessment assessing unit identified above, hereby • Increases Decreases Factor that the legislative body determined on 1 l between the between the base percentages, current percentages, an • Reference Roll Reference Roll current base proportions as set forth herein for the ' and Levy Roll and Levy Roll assessment roll and portion as identified above. Class (F -G) (HIE)+1 Homestead 42,726.15C 202,439.286 (159,713,136) 0.9369 - ' Nonhomestead • __------- — ---- __ _____________ 36,370.590 81,220,925 (44,849,935) 0.9477 - ' COMPUTATION OF PORTION CLASS ADJUSTMENT FACTOR j ('Y ' Section II (J) (K) (L) (M) (N) —OL (0) stidnature Taxable Taxable Assessed Value of Total Taxable Taxable Class - ' Assessed Value Assessed Value Special Franchise Assessed Value Assessed Value Adjustment on the on the on the on the on the Factor Levy Roll Levy Roll Levy Roll Levy Roll Reference Roll �� Q ' Excluding at the at the at the title • SpecialFranchise Reference Roll Reference Roll Reference Roll ' Level of Assessment Level of Assmnt Level of Assessment :Class (if]) (K+L) (MIN) :Homestead 2,335,413506 2,492,589,715 0 2,492,589,715 2,451,964,477 1.0166 date ' Nonhomestead 825,935?97 872,557,106 27,652038 900,209,744 -------- - ------------------- 882,093,049 1.0205 ' — ----- ------------"—' COMPUTATION OF ADJUSTED BASE PROPORTIONS --------------- -----------------___ - ' Section III (P) (Q) (R) ' Current Current Adjusted - ' Base Base Base ' Proportions Proportions Proportions - • adjusted for • Physical and , • Quantity Changes , ' Class • (P•O) (Q/sum of Q) ' Homestead 66.0146 67.1084 65.9271 ' Nonhomestead 33.9854 34.6834 34.0729 - ' Total ........................................................................................................................................... 100.0000 101.7918 100.0000 ........................................ ....................................................................................... . .................. RP -6701 .......................................................... ............................................................ NEW YORK STATE OFFICE OF REAL PROPERTY SERVICES ......................................................................................... 08/19/08 ' 16 SHERIDAN AVENUE, ALBANY, NY 12210-2714 ' ' CERTIFICATE OF BASE PERCENTAGES, CURRENT PERCENTAGES AND ' CURRENT BASE PROPORTIONS PURSUANT TO ARTICLE 19, RPTL, FOR THE ' • TAXES ON THE 2008 ASSESSMENT ROLL .............LEVY OF .........................,,,,.,......., .....,,,,........,..,,,,,,,,.....,,,.,,......................... ` ...................... ........... ,,,,.,,,.,.....,,,.................. ................................... ` Approved Assessing Unit Town of Wappinger, 135600 ' CERTIFICATION ' ' Name of Portion Wappinger TOV, 135689 ` ------- • ------------ ---- --- DETERMINATION OF BASE PERCENTAGES ` ` Section I ' (A) (B) (C) (D) , 1991 1991 Estimated Base ' ' Taxable Class Market Percentages ` ' Assessed Value Equalization Rate Value ` ` Class A/(B/100) (C/sum of C) ' Homestead 542,395,571 62.32 870,339,491 73.2216 ' Nonhomestead 202,056,155 63.48 318,298,921 26.7784 • Total 744,451,726 1,188,638,412 100.0000 ----------- ' — — ------------------ DETERMINATION OF CURRENT PERCENTAGES ' Section II ` (E) (F) (G) (H) ' ' Prior Year Prior Year Estimated Current ` ' Taxable Class Market Percentages ' • Assessed Value Equalization Rate Value I, the clerk of the legislative body of the approved ' Class including E/(F/100) (G/sum of G) ' assessing unit identified above, hereby ce ify ' Special Franchise ' that the legislative body determined on & Homestead 2,236,227,806 100.00 2,236,227,806 76.6439 base percentages, current percentages, and ` • current base proportions as set forth herein for the ' ' Nonhomestead 681.456.580 100.00 681,456,580 23.3561 assessment roll and portion as identified above. ' Total 2,917,684,386 2,917,684,386 100.0000 ------- ' ---------- ------ DETERMINATION OF CURRENT BASE PROPORTIONS ` `Section III • (I) (J) (K) (L) (M) (N) (0) ' Local Base Updated Prospective Adusted % difference Maximum Current Proportion Local Base Current Base Base Proportion between prior Current Base Proportions for the Proportion Proportion used for Adjusted Base Proportion sig ture ` 1992 Part (J) Prior Tax Levy Base Proportion ' Assessment Roll Prorated and Prospective ' = to 100.00 Current / ` X11 G eo'- ' Base Proportion ' Class 1-(H/D) (J/sum of J) ((K/L)-1'100) (L`1.05) title ` ' Homestead 59.2245 61.9927 63.5451 71.87520 -11.59 70.4690 ' Nonhomestead 40.7755 35.5642 36.4549 28.12480 29.62 29.5310 29.5310 , date ` ' Total ,.......,...«..,, 100.0000 «................................... 97.5569 100.0000 100.0000 ....................................... ......"'•",,..,....,,.... ..,,.,....,..,.. 100.0000 ' ... ,...,.,,,.,,,,,,,«,,..,..,,,............,,.,.«....«........,..,...,,,,...,.,,...... ................... .................... ' RP -6703 ...................... ...................... ...................... ............ ........ ...................................................... NEW YORK STATE OFFICE OF REAL PROPERTY SERVICES ....................................................................................... . 08/19/08 • 16 SHERIDAN AVENUE, ALBANY, NY 12210-2714 • CERTIFICATE OF ADJUSTED BASE PROPORTIONS PURSUANT TO ARTICLE 19, RPTL • ..•.........................•..•................................................... FOR THE 2008 ASSESSMENT ROLL ....................................................................................................................................................................................... • Approved Assessing Unit Town of Wappinger, 135600 • Name of Portion Wappinger TOV, 135689 CERTIFICATION . • Reference Roll 2007 • Levy Roll 2008 • DETERMINATION OF PORTION CLASS NET CHANGE IN ASSESSED VALUE DUE TO PHYSICAL AND QUANTITIY CHANGES, ' • Section I EQUALIZATION CHANGES AND COMPUTATION OF CLASS CHANGE IN LEVEL OF ASSESSMENT FACTOR ' (A) (B) (C) (D) (E) • Total Total Total Net Surviving . • Assessed Value Assessed Value Assessed Value Assessed Value Total • on the of Physical and of Physical and of Assessed Value . ' Reference Roll Quantity Increases Quantity Decreases Physical on the • Excluding between the between the and Reference Roll . • SpecialFranchise Reference Roll Reference Roll Quantity Changes . • & Wholly Exempt and Levy Roll and Levy Roll ' Class (B -C) (A -C) ' Homestead 2,316,451,746 45,193,514 6.467,046 38,726,466 2,309,984,698 ' Nonhomestead 670,3313639 12.228,301 8,260,802 3,967,499 662,052,837 • (F) (G) (H) (I) • Total Total Net Change ' • Assessed Value Assessed Value Equalization in Level of I, the clerk of the legislative body of the approved • of Equalization of Equalization Changes Assessment assessing unit identified above, herebyrti l S� • Increases Decreases Factor ' that the legislative body determined on • between the between the base percentages, current percentages, an ' • Reference Roll Reference Roll ' current base proportions as set forth herein for the ' • and Levy Roll and Levy Roll ' assessment roll and portion as identified above. ' Class (F -G) (H/E)-1 • Homestead 34,455.659 181.893,003 (147,407,344) 0.9362 ' Nonhomestead 30118,1157 51648,150 (31,529,393) 0.9524 • COMPUTATION OF PORTION CLASS ADJUSTMENT FACTOR ' Section II • (J) (K) (L) (M) (N) (0) sidg6ture • Taxable Taxable Assessed Value of Total Taxable Taxable Class ' Assessed Value Assessed Value Special Franchise Assessed Value Assessed Value Adjustment • on the on the on the on the on the Factor • Levy Roll Levy Roll Levy Roll Levy Roll Reference RollL-- • Excluding at the at the at the title • • SpecialFranchise Reference Roll Reference Roll Level of Assessmen Level of Assmnt Reference Roll -evel of Assessment ' Class (J/I) (K+L) (M/N) • Homestead 2,132,048.934 2,277,375,375 0 2,277,375,375 2,236,227,806 1.0184 date ' Nonhomestead 634,920,486 666,669,754 23.206,051 689,877,805 681,456,580 ----'-----' ------------------' 1.0124 ' ------------'—' • ----------- -------------- �-'--- ---------- —"-'-----_-___-- COMPUTATION OF ADJUSTED BASE PROPORTIONS •Section III • (P) (Q) (R) . • Current Current Adjusted ' • Base Base Base ' • Proportions Proportions Proportions ' • adjusted for • Physical and _ • Quantity Changes ' • Class (P -O) (Q/sum of Q) ' Homestead 70.4690 71.7656 70.5927 • Nonhomestead 29.5310 29.8960 29.4073 ' Total ................... 100.0000 ................................................................ 101.6616 ................................................................................................ 100.0000 ' ....................................................................................... .