[Adopted 8-10-1993 by L.L. No. 2-1993]
All real property in the Village of Rhinebeck and resided in by one or more persons, each of whom is 65 years of age or older, shall be exempt from taxation by the Village of Rhinebeck to the extent allowed as set forth in § 101-7 of this article, provided that the requirements set forth in § 101-8 of this article are fully met.
[Amended 1-9-1996 by L.L. No. 1-1996; 8-12-1997 by L.L. No. 1-1997; 2-9-1999]
The percentage of assessed valuation of such
real property, as shown on the Village assessment roll, which shall
be exempt from taxation by the Village of Rhinebeck, shall be determined
by resolution of the Village Board by majority vote to encompass:
A.
The maximum annual income allowed to qualify; and
B.
The percentage of assessed valuation to be exempt
from taxation.
|
Annual Income
|
Percentage of Assessed Exempt From Taxation
|
|---|---|
|
Up to $24,000
|
50%
|
|
$24,001 to $25,000
|
45%
|
|
$25,001 to $26,000
|
40%
|
|
$26,001 to $27,000
|
35%
|
|
$27,001 to $27,900
|
30%
|
|
$27,901 to $28,800
|
25%
|
|
$28,801 to $29,700
|
20%
|
|
$29,701 to $30,600
|
15%
|
|
$30,601 to $31,500
|
10%
|
|
$31,501 to $32,400
|
5%
|
All procedures, applications, forms, qualifications
and determinations shall be made in accordance with and pursuant to
the provisions of § 467 of the Real Property Tax Law of
the State of New York, to which reference is hereby made for incorporation
herein as though fully set forth.
The exemption shall not apply to special ad
valorem levies or special assessments.
The burden of proof is upon the applicant to
show eligibility pursuant to this article.
Any conviction of having made any willful false
statements in the application for exemption pursuant to this article
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.
In addition to the penalty set forth in § 101-11 hereinabove, the Village of Rhinebeck may collect any amount of taxes erroneously exempted as a result of an incorrect or false statement in an application, in the same manner provided for the collection of delinquent taxes pursuant to the Real Property Tax Law.
