[Adopted 12-9-1996 by L.L. No. 11-1996 (Ch. 82, § 82.2, of the 1979 Code)]
With regard to veterans exemptions taken under
§ 458-a of the Real Property Tax Law:
A. A veteran who serves during a period of war shall
receive a 15% exemption on a maximum assessment ceiling of $120,000.
B. A veteran who serves during a period of war and in
a combat theatre shall receive an additional 10% exemption on a maximum
assessment ceiling of $120,000.
C. Where the veteran received a compensation rating from
the United States Veterans Administration the exemption shall be the
assessed value times 50% of the veteran's disability rating, provided
that the exemption does not exceed $400.
D. All of the above exemptions are to be calculated using
the latest New York State equalization rate for the Village of Orchard
Park.