Whereas, the people of this State have reserved to themselves, as part of their intrinsic sovereignty, the right to alter or reform the State Constitution and the statutes when the public good may require it; and

Whereas, the current system of property taxation in this State is regressive because it is not based on the ability to pay and is an inordinate burden on citizens and a disincentive to business investment; and

Whereas, there is a need to revise and amend the State Constitution and the statutes to lessen the dependence of local government on property taxes, reduce property taxes as a share of overall public revenue, and find alternative means of funding local government services; and

Whereas, the Legislature, when considering proposals for broad restructuring of revenue sources, recognizes that there is great political risk in making recommendations which the general public might perceive as increasing taxes; and

Whereas, it is, therefore, essential that the citizens of New Jersey are fully engaged in the effort to restructure taxes; and

Whereas, the convening of a constitutional convention for the purpose of recommending amendments to the New Jersey Constitution and changes to the statutes is the most appropriate method for building a consensus for, and implementing, reform; now, therefore,

Be It Resolved, that the governing body of the (city, town, township, borough or village) of (name of municipality) supports the effort to place before the electorate the question of calling a Constitutional Convention for the purpose of proposing property tax reform, and further;

Be It Resolved, that we do all call on our fellow citizens to inform themselves about this issue, and to join in our efforts to advance the cause of property tax reform, through support for the call for a special property tax reform convention; and further,

Be It Resolved, that copies of this resolution be transmitted: to our State Legislators and to Governor McGreevey, urging them to act favorably on the Legislation, so that the voters may be able to express their will on this importasnt matter ; and to the New Jersey State League of Municipalities.