2013-2014 budget - City of Syracuse
2013-2014 budget - City of Syracuse 2013-2014 budget - City of Syracuse
42 SEWER FUND SEWER RENTS: This represents revenues received from sewer rents of $0.94 per 100 cubic feet of metered water consumption as of July 1, 2010. DOWNTOWN SPECIAL ASSESSMENT FUND SPECIAL DISTRICT ASSESSMENT: The Downtown Special Assessment District was established by local ordinance in 1975 in keeping with the action taken by the New York State Legislature in Chapter 405 of the Laws of 1975. It authorized the City to establish a special assessment district for the purpose of undertaking, developing, operating, financing, and maintaining certain special improvements within the boundaries established for the district. The district's annual budget is divided between several programs designed to ensure the revitalization of downtown, as well as the future growth and prosperity of the City's business core. This money is raised through special assessments on properties according to a formula established by ordinance, which reflects the benefit accruing to various properties. CROUSE-MARSHALL SPECIAL ASSESSMENT FUND SPECIAL DISTRICT ASSESSMENT: The establishment of the Crouse-Marshall Special Assessment District was approved by local ordinance in 2001. The funding provides maintenance and repairs of infrastructure constructed in the area pursuant to a federal grant. Management, marketing and security measures are also provided for in the district budget. The special assessments are levied on district properties according to a formula in the Crouse-Marshall Business Improvement District plan on file with the City Clerk and approved by local law 8-2001.
NEW YORK STATE EXEMPTION REPORT REQUIRED BY CHAPTER 258, SECTION 495 OF THE REAL PROPERTY TAX LAW
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42<br />
SEWER FUND<br />
SEWER RENTS: This represents revenues received from sewer rents <strong>of</strong> $0.94 per 100 cubic feet <strong>of</strong> metered water consumption as <strong>of</strong> July 1, 2010.<br />
DOWNTOWN SPECIAL ASSESSMENT FUND<br />
SPECIAL DISTRICT ASSESSMENT: The Downtown Special Assessment District was established by local ordinance in 1975 in keeping with the<br />
action taken by the New York State Legislature in Chapter 405 <strong>of</strong> the Laws <strong>of</strong> 1975. It authorized the <strong>City</strong> to establish a special assessment district for<br />
the purpose <strong>of</strong> undertaking, developing, operating, financing, and maintaining certain special improvements within the boundaries established for the<br />
district. The district's annual <strong>budget</strong> is divided between several programs designed to ensure the revitalization <strong>of</strong> downtown, as well as the future<br />
growth and prosperity <strong>of</strong> the <strong>City</strong>'s business core. This money is raised through special assessments on properties according to a formula established<br />
by ordinance, which reflects the benefit accruing to various properties.<br />
CROUSE-MARSHALL SPECIAL ASSESSMENT FUND<br />
SPECIAL DISTRICT ASSESSMENT: The establishment <strong>of</strong> the Crouse-Marshall Special Assessment District was approved by local ordinance in<br />
2001. The funding provides maintenance and repairs <strong>of</strong> infrastructure constructed in the area pursuant to a federal grant. Management, marketing<br />
and security measures are also provided for in the district <strong>budget</strong>. The special assessments are levied on district properties according to a formula in<br />
the Crouse-Marshall Business Improvement District plan on file with the <strong>City</strong> Clerk and approved by local law 8-2001.
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