[Adopted 2-27-1989 by L.L. No. 5-1989 (Ch.
142, Art. VI of the 1981 Code)]
[Amended 2-26-1990 by L.L. No. 2-1990; 12-9-1991 by L.L. No.
6-1991; 2-13-1995 by L.L. No. 4-1995; 9-26-2022 by L.L. No. 7-2022]
A.
A partial tax exemption of real property within the
City of Port Jervis owned by certain persons with limited income who
are 65 years of age or older is hereby enacted pursuant to the authority
and in accordance with all of the provisions, terms, conditions and
qualifications of § 467 of the New York State Real Property
Tax Law as it is written and as it may be hereafter, from time to
time, amended, adopting the maximum income limit of $24,000 with 50%
exemption for the City of Port Jervis.
B.
For incomes greater than the maximum income limit
stated herein, a sliding scale per centum exemption shall apply as
provided in the following schedule:
|
Annual Combined Income of Owners
|
Percentage Assessed Valuation Exempt from
Taxation
| |
|---|---|---|
|
Less than $24,000
|
50
| |
|
$24,000 or more but less than $24,999.99
|
45
| |
|
$25,000 or more but less than $25,999.99
|
40
| |
|
$26,000 or more but less than $26,999.99
|
35
| |
|
$27,000 or more but less than $27,899.99
|
30
| |
|
$27,900 or more but less than $28,799.99
|
25
| |
|
$28,800 or more but less than $29,699.99
|
20
| |
|
$29,700 or more but less than $30,599.99
|
15
| |
|
$30,600 or more but less than $31,499.99
|
10
| |
|
$31,500 or more but less than $32,399.99
|
5
|
[Added 2-27-1989 by L.L. No. 6-1989]
The Assessor of the City of Port Jervis is authorized,
pursuant to Real Property Tax Law § 467, Subdivision 8,
to accept applications for renewal of exemptions pursuant to such
section after the taxable status date. In the event that the owner
or all of the owners of property which has received an exemption pursuant
to this section on the preceding assessment roll fail to file the
application required pursuant to this section on or before the taxable
status date, such owner or owners may file the application, executed
as if such application had been filed on or before the taxable status
date, with the Assessor on or before the date for the hearing of complaints.
