131-10

131-10 May 25, 2010 RESOLUTION OF THE TOWNSHIP OF WEST ORANGE WEST ORANGE, NEW JERSEY WHEREAS, Governor’s Christie’s proposed Fiscal Year 2011 budget places much too high a burden on the State’s senior citizens and residents with disabilities; and WHEREAS, the adoption of A-10 (Increases gross income tax rate on income exceeding $1,000,000 for taxable year 2010) and its companion measure A-20 (Supplements the State annual appropriations act for the State fiscal year 2010-2011, makes appropriations for Pharmaceutical Assistance to the Aged and Disabled Programs and the Homestead Rebate/Credit Program), would ease this burden on senior citizens and residents with disabilities by requiring the State’s 16,000 highest earners to temporarily pay a higher income tax on income over $1 million; and WHEREAS, this one year increased rate would equal just 1.7 cents for each dollar of income over $1 million; and WHEREAS, these bills, together with the funding provided in the proposed budget, would allow senior citizens and residents with disabilities to receive a full homestead property tax rebate; NOW, THEREFORE, BE IT RESOLVED that the Mayor and Council of the Township of West Orange support the reconsider of the adoption of A-10 and A-20 and urge all municipalities in New Jersey to adopt similar resolutions in support thereof. BE IT FURTHER RESOLVED that a copy of this resolution be forwarded to the following 1. Governor Chris Christie 2. Senate Co-Presidents Steve Sweeney and All New Jersey State Legislators representing Essex County 3. All Essex County Municipalities 4. Mr. William Dressel, New Jersey League Municipalities Karen J. Carnevale Honorable Susan McCartney Municipal Clerk Council President Adopted: May 25, 2010