Bill Text: NY S08659 | 2017-2018 | General Assembly | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Provides procedures relating to the adoption and submission of an annual budget by the Trustees of the Freeholders and Commonality of the town of Southampton.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2018-06-12 - PRINT NUMBER 8659B [S08659 Detail]
Download: New_York-2017-S08659-Introduced.html
Bill Title: Provides procedures relating to the adoption and submission of an annual budget by the Trustees of the Freeholders and Commonality of the town of Southampton.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2018-06-12 - PRINT NUMBER 8659B [S08659 Detail]
Download: New_York-2017-S08659-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ S. 8659 A. 10677 SENATE - ASSEMBLY May 10, 2018 ___________ IN SENATE -- Introduced by Sen. LAVALLE -- read twice and ordered print- ed, and when printed to be committed to the Committee on Local Govern- ment IN ASSEMBLY -- Introduced by M. of A. THIELE -- read once and referred to the Committee on Local Governments AN ACT in relation to the taxing authority of the Trustees of the Free- holders and Commonalty of the town of Southampton and providing for procedures relating to their finances The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Suffolk County Tax Act. For the purposes of the Suffolk 2 County Tax Act, the Trustees of the Freeholders and Commonalty of the 3 town of Southampton shall constitute a tax district and the provisions 4 of said act relating to tax districts shall apply to the Trustees. The 5 Trustees shall be entitled to raise taxes annually upon a majority vote 6 of the full membership of said board, as provided by this act. Such 7 amount shall be listed on the tax bill of the town of Southampton as a 8 separate charge. 9 § 2. Finances. 1. The Trustees of the Freeholders and Commonalty of 10 the town of Southampton shall adopt an annual budget, after public hear- 11 ing, including all costs to be raised by levy for the coming fiscal 12 year. 13 2. The Trustees' fiscal year shall run from the first day of January 14 to the thirty-first day of December. The Trustees shall file the adopted 15 annual budget with the clerk of the town in the time for the purpose 16 specified in section 104 of the town law. The town board shall not make 17 any changes in the estimate of revenues or expenditures submitted by the 18 Trustees. Funds approved by the Trustees shall be considered an annual 19 appropriation therefor and shall be levied and collected annually by the 20 town for the Trustees in the same manner and at the same time as other 21 taxes in the town. 22 3. The town board of the town of Southampton shall levy a tax against 23 the real property lying within the town for the amount to be raised by EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD15693-02-8S. 8659 2 A. 10677 1 tax, as approved by the Trustees. Such tax shall be an ad valorem levy. 2 The town board shall pay the full amount of the tax levy approved by the 3 voters over to the Trustees, in the manner provided for by the Suffolk 4 County Tax Act. 5 4. The town board of the town shall have the power to authorize, sell, 6 and issue bonds, notes, and other evidences of indebtedness pursuant to 7 the local finance law in order to permit the Trustees to provide facili- 8 ties or improved facilities. Upon written request of the Trustees, the 9 town board shall authorize, sell, and issue such bonds, notes, or other 10 evidences of indebtedness as are necessary to accomplish the improve- 11 ments specified in the notice. The proceeds of such bonds, notes, or 12 other evidences of indebtedness shall be paid to the Trustees and main- 13 tained in a segregated account in accordance with section 165.00 of the 14 local finance law and expended only on specific authorization by the 15 Trustees. Such indebtedness shall be repaid by taxes levied on behalf 16 of the Trustees, as provided for by this act. 17 5. The Trustees may accept any absolute gift, devise, or bequest of 18 real or personal property and such conditional gifts, devises, or 19 bequests as they shall by resolution approve. 20 6. The Trustees shall be custodian of all funds, including gifts and 21 trust funds paid over to the Trustees. The Trustees may authorize the 22 investment of funds in the same manner in which town funds may be 23 invested. Proceeds of obligations received from the town may be invested 24 in accordance with section 165.00 of the local finance law. No monies 25 shall be disbursed by the Trustees except after audit by the Trustees. 26 The Trustees shall audit all claims and shall order the payment thereof, 27 except as otherwise provided by this section. No such claims shall be 28 audited or ordered paid by the Trustees unless an itemized voucher 29 therefor shall be presented to the Trustees for audit and allowance. The 30 provisions of this section shall not be applicable to payment of utility 31 costs, claims of fixed salaries, and amounts which the Trustees may be 32 required to pay on account of retirement contributions for past or 33 current services to officers and employees of the Trustees. The Trustees 34 shall keep such records in such manner as they may require. 35 § 3. Report of financial condition. For the purposes of article 3 of 36 the general municipal law, the Trustees of the Freeholders and Commonal- 37 ty of the town of Southampton shall be a municipal corporation and the 38 provisions of said article relating to municipal corporations shall 39 apply to the Trustees. 40 § 4. Limit upon real property tax levies by local governments. The 41 Trustees of the Freeholders and Commonalty of the town of Southampton 42 shall be a local government pursuant to section 3-c of the general 43 municipal law and the provisions of such section providing for a limit 44 upon real property tax levies by local governments shall apply to the 45 Trustees. 46 § 5. Applicability of town law. Except as provided herein, the 47 provisions of article 8 of the town law shall apply to the Trustees, as 48 if they were an improvement district, except as such provisions are 49 inconsistent with the provisions of this act. 50 § 6. Inter-municipal agreement authorized. The town board of the town 51 of Southampton and the Trustees of the Freeholders and Commonalty of the 52 town of Southampton may execute an inter-municipal agreement pursuant to 53 article 5-G of the general municipal law in order to efficiently execute 54 the provisions of this act. 55 § 7. This act shall take effect immediately and shall apply to all 56 fiscal years beginning on and after January 1, 2020.
