[Adopted 4-16-1998 by L.L. No. 3-1998[1] (Ch. 64, Art. IV, of the 1971 Code)]
[1]
Editor's Note: This local law also provided that it shall
apply to assessment rolls prepared on the basis of taxable status
dates occurring on or after January 1, 1998.
Real property in the Village of Baldwinsville owned by persons
with disabilities, as defined in § 459-c of the Real Property
Tax Law, shall be exempt from taxation to the extent of the following
percentages based on income limits as hereinafter set forth pursuant
to the requirements of said § 459-c of the Real Property
Tax Law, as follows:
A.
Sliding scale income level for partial tax exemption of real property
where income is:[1]
|
Annual Income
|
Percentages of Exemption
| |
|---|---|---|
|
$29,000 or less
|
50%
| |
|
More than $29,000 but less than $30,000
|
45%
| |
|
$30,000 or more but less than $31,000
|
40%
| |
|
$31,000 or more but less than $32,000
|
35%
| |
|
$32,000 or more but less than $32,900
|
30%
| |
|
$32,900 or more but less than $33,800
|
25%
| |
|
$33,800 or more but less than $34,700
|
20%
| |
|
$34,700 or more but less than $35,600
|
15%
| |
|
$35,600 or more, but less than $36,500
|
10%
| |
|
$36,500 or more but less than $37,400
|
5%
|
