[Adopted 12-10-1997 by L.L. No. 5-1997; amended in its entirety 12-20-2000 by L.L. No.
5-2000]
[Amended 2-15-2006 by L.L. No. 1-2006]
A.
An exemption
from real property taxes shall be granted to qualified senior citizens
as provided in the Real Property Tax Law of the State of New York
based upon the following chart.
B.
Any person
who shall turn 65 years of age during the calendar year in which a
tax roll is filed shall be eligible to apply for this exemption, even
though their birthday may occur after the taxable status date. The
Assessor is hereby authorized to grant an exemption to such person,
provided proper application is made prior to the taxable status date.
Such exemption shall be granted on the following basis:
[Amended 8-21-2013 by L.L. No. 2-2013]
|
Annual Income
|
Percentage of Assessed Valuation Exempt from Taxation
|
|---|---|
|
$15,000 or less
|
50%
|
|
More than 15,000 less than $16,000
|
45%
|
|
$16,000 or more, but less than $17,000
|
40%
|
|
$17,000 or more, but less than $18,000
|
35%
|
|
$18,000 or more, but less than $18,900
|
30%
|
|
$18,900 or more, but less than $19,800
|
25%
|
|
$19,800 or more, but less than $20,700
|
20%
|
