RESOLUTION BY COUNCIL MEMBER MCDOW Whereas, nearly 150,000 people are eligible for Earned Income Tax Credits in the City of Yonkers, yet only 33,000 took advantage of them last year, Whereas, the EITC could represent a major reduction in taxes or increased refund for many low and moderate income families in the city of Yonkers, and Whereas, if a family is eligible for the EITC going back to 1999, they can still file for it this year and acquire any retroactive refunds that they are eligible for. Now therefore be it resolved that the Yonkers City Council urges Yonkers residents to investigate and determine if they are eligible for the Earned income Tax Credit and file for it as soon as possible. Doc 1cd13r eitc filing D:\533571470.doc MEMORANDUM TO: COUNCIL PRESIDENT MARTINELLI FROM: COUNCIL MEMBER MCDOW DATE: MARCH 1, 2004 RE: LEGISLATION I am also submitting the attached legislation regarding the Earned Income Tax Credit. Please add it to tomorrow’s Rules Agenda. Please call my office at x6311 if you have any questions. PDM:trf Enclosure D:\533571470.doc