[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.