Real property owned by one or more persons, each of whom is 65 years of age, will become 65 years of age within the calendar year or is over the age of 65, or real property owned by husband and wife, one of whom is 65 years of age, will become 65 years of age within the calendar year or is over the age of 65, shall be exempt from taxation by the Village to the extent of 50% of the assessed valuation thereof.
[Amended 1-11-2001 by L.L. No. 2-2001]
No exemption shall be granted:
A. 
If the income of the owner or the combined income of the owners of the property exceeds the sum set forth in § 210-5 for the applicable income tax year. No exemption shall be granted for income tax years after 2010 greater than those allowed for income tax year 2010 unless otherwise determined by the Village Board of Trustees. "Income tax year" shall mean a twelve-month period for which the owner or owners filed a federal personal income tax return, or, if no such return is filed, the calendar year. Where title is vested in either the husband or wife, their combined income may not exceed such sum.
[Amended 1-9-2003 by L.L. No. 2-2003; 1-8-2004 by L.L. No. 1-2004; 3-8-2007 by L.L. No. 1-2007; 3-26-2009 by L.L. No. 4-2009; 11-9-2010 by L.L. No. 7-2010]
(1) 
As prescribed by New York State Real Property Tax Law § 467, all out-of-pocket medical and prescription drug expenses actually paid which were not paid for by another party or reimbursed by insurance shall be excluded from the definition of "income" for the purpose of determining eligibility for the senior citizen partial real property tax exemption. Proof of the expenses and reimbursement must be submitted with the application by the applicable deadline.
(2) 
As prescribed by New York State Real Property Tax Law § 467, veteran's disability compensation, as defined under Title 38 of the United States Code, shall be excluded from the definition of "income" for the purpose of determining eligibility for the senior citizen real property tax exemption. Proof of the expenses and reimbursement must be submitted with the application by the applicable deadline.
B. 
Unless the real property is the legal residence of and is occupied in whole or in part by the owners of the property and unless the ownership is otherwise qualified pursuant to Real Property Tax Law § 467.
[Amended 6-9-2005 by L.L. No. 4-2005]
Application for such exemption must be made by the owner or all of the owners of the property on forms prescribed by the State Board of Real Property Services, to be furnished by the Town Assessor's office, and shall furnish the information and be executed in the manner required or prescribed in such forms and shall be filed in the Town Assessor's office on or before January 1, which is the taxable status date of the Village of North Syracuse.
A. 
At least 60 days prior to the taxable status date, the Town Assessor shall mail to each person who was granted exemption pursuant to this article on the latest completed assessment roll an application form and a notice that such application must be filed on or before the taxable status date and be approved in order for the exemption to be granted.
[Amended 6-9-2005 by L.L. No. 4-2005]
B. 
Failure to mail any such application form and notice or the failure of such person to receive the same shall not prevent the levy, collection and enforcement of the payment of the taxes on property owned by such person.
[Amended 1-11-2001 by L.L. No. 2-2001; 1-9-2003 by L.L. No. 2-2003; 1-8-2004 by L.L. No. 1-2004; 3-8-2007 by L.L. No. 1-2007; 3-26-2009 by L.L. No. 4-2009]
Graduated maximum income exemption eligibility levels shall be as follows:
Exemption
Maximum Income, Income Tax Year 2007
Maximum Income, Income Tax Year 2008
Maximum Income, Income Tax Year 2009
Maximum Income, Income Tax Year 2010
50%
$26,000
$27,000
$28,000
$29,000
45%
$27,000
$28,000
$29,000
$30,000
40%
$28,000
$29,000
$30,000
$31,000
35%
$29,000
$30,000
$31,000
$32,000
30%
$29,900
$30,900
$31,900
$32,900
25%
$30,800
$31,800
$32,800
$33,800
20%
$31,700
$32,700
$33,700
$34,700
15%
$32,600
$33,600
$34,600
$35,600
10%
$33,500
$34,500
$35,500
$36,500
5%
$34,400
$35,400
$36,400
$37,400
Any conviction of having made any willfully false statement in the application for such exemption shall be punishable by a fine of not more than $100 and shall disqualify the applicant or applicants from further exemption for a period of five years.