Where real property is income-producing property, the owner
shall be required to submit annually to the Village Assessor, not
later than the first day of September, a statement of all income derived
from and all expenses attributed to the operation of such property
as follows:
A. Where the owner's books and records reflecting the operation
of the property are maintained on a calendar-year basis, the statement
shall be for the calendar year preceding the date on which the statement
shall be filed.
B. Where the owner's books and records reflecting the operation
of the property are maintained on a fiscal-year basis for federal
income tax purposes, the statement shall be for the last fiscal year
concluded as of the first day of August preceding the date on which
the statement shall be filed.
C. Notwithstanding the provisions of Subsections
A and
B of this section, where the owner of the property has not operated the property and is without knowledge of the income and expenses of the operation of the property for a consecutive twelve-month period concluded as of the first day of August preceding the date on which the statement shall be filed, then the statement shall be for the period of ownership.
D. The Village Assessor may for good cause shown extend the time for
filing an income and expense statement by a period not to exceed 30
days.
Such statements shall contain the following declaration: "I
certify that all information contained in this statement is true and
correct to the best of my knowledge and belief. I understand that
the willful making of any false statement of material fact herein
will subject me to the provisions of law relevant to the making of
false instruments and will render this statement null and void."
The form on which such statement shall be submitted shall be
prepared by the Village Assessor, and copies of such form shall be
made available at the Village offices in the Village of Sleepy Hollow.