[Adopted 1-9-2017 by L.L. No. 1-2017; amended in its entirety 2-13-2023 by L.L. No. 1-2023]
Real property owned by one or more persons, each of whom is 65 years of age or over, or real property owned by husband and wife, or by siblings, one of whom is 65 years of age or over, shall be exempt from taxation for Town of Pendleton purposes to the extent as provided in the following schedule:
Annual Income
Exemption Percent
Less than: $26,200
50%
$26,200 to $27,199.99
45%
$27,200 to $28,199.99
40%
$28,200 to $29,199.99
35%
$29,200 to $30,099.99
30%
$30,100 to $30,999.99
25%
$31,000 to $31,899.99
20%
$31,900 to $32,799.99
15%
$32,800 to $33,700.00
10%
Any person otherwise qualifying under this section shall not be denied the exemption under this section if the individual becomes 65 years of age after the appropriate taxable status date and on or before December 31 of the same year.
This Article II shall become effective March 1, 2023, and this schedule shall be employed by the Town of Pendleton Assessor in the preparation of any assessment roll prepared subsequent to such date.