[Adopted 9-13-1977]
[Amended 2-25-1987; 4-11-1989; 7-10-1990; 3-10-1998 by L.L. No. 1-1998; 2-26-2007 by L.L. No.
2-2007[1]]
In accordance with the provisions of § 467
of the Real Property Tax Law of the State of New York, there is hereby
granted an exemption from Town taxes to the extent of up to 50% thereof
of the assessed valuation of real property owned by persons 65 years
of age or over within the Town of Highlands, Orange County, New York
based upon the following schedule:
|
Maximum Income Exemption Eligibility
|
Percentage of Assessed Valuation Exempt
from Taxation
|
|---|---|
|
Not more than $24,000
|
50%
|
|
$24,000 or more but less than $25,000
|
45%
|
|
$25,000 or more but less than $26,000
|
40%
|
|
$26,000 or more but less than $27,000
|
35%
|
|
$27,000 or more but less than $27,900
|
30%
|
|
$27,900, or more but less than $28,800
|
25%
|
|
$28,800 or more but less than $29,700
|
20%
|
|
$29,700 or more but less than $30,600
|
15%
|
|
$30,600 or more but less than $31,500
|
10%
|
|
$31,500 or more but less than $32,400
|
5%
|
[1]
Editor's Note: This local law provided that
it shall apply to assessed valuations for the 3-1-2007 taxable status
date and thereafter. The increase shall not apply retroactively.
A.
All such exemptions are subject to the qualifications
for entitlement thereto as contained in § 467 of the Real
Property Tax Law as amended.
B.
Title to the property shall have been vested in the
owner or all of the owners of the property for at least 24 consecutive
months prior to the date of making application for the exemption.
C.
The property must be used exclusively for residential
purposes and must be the legal residence of and occupied in whole
or in part by the owner or by all of the owners of the property.
D.
Application for such exemption must be made annually
by the owner, or all of the owners of the property, on forms prescribed
by the state, and shall be filed in the Assessor’s office on
or before the appropriate taxable status date. Notwithstanding the
foregoing, an application for such exemption may be filed with the
Assessor after the appropriate taxable status date but not later than
the last date on which a petition with respect to complaints of assessment
may be filed, where failure to file a timely application resulted
from the death of the applicant’s spouse, child, parent, brother
or sister; or an illness of the applicant or of the applicant’s
spouse, child, parent, brother or sister, which actually prevented
the applicant from filing on a timely basis, as certified by a licensed
physician. The Assessor shall approve or deny such later-filed application
as if it had been filed on or before the taxable status date.
[Amended 12-14-2009 by L.L. No. 4-2009[1]]
[1]
Editor's Note: This local law also provided that the amendment
hereto would not apply retroactively.
E.
Any conviction of having made any willful 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.
