[Adopted 3-16-1999 by L.L. No. 3-1999]
Pursuant to § 459-c of the Real Property Tax Law, real property owned by one or more persons with disabilities, or real property owned by a husband, wife, or both, or by siblings, at least one of whom has a disability, and whose income is limited by reason of such disability, shall be exempt from City taxation by the City of New Rochelle to the extent of fifty per centum of the assessed valuation thereof pursuant to the standards and requirements set forth in such § 459-c of the Real Property Tax Law and pursuant to the income eligibility levels set forth in § 288-21 of this chapter.
A.
Application for such exemption must be made by the
owner or all of the owners of the property, on forms to be furnished
by the Bureau of Assessments, and the owner shall furnish the information
and be executed in the manner required or prescribed on such form.
B.
Application for such exemption shall be filed in the
office of the Bureau of Assessments on or before May 1 of each year.
C.
At least 60 days prior to the appropriate taxable
status date, the Assessor shall mail to each person who was granted
exemption pursuant to this chapter on the latest completed assessment
roll an application form and a notice that such application must be
filed on or before taxable status date and be approved in order for
the exemption to be granted. Failure to mail any such application
form and notice or the failure of such person to receive the same
shall not prevent the levy, collection and enforcement of the payment
of the taxes on property owned by such person.
D.
The Assessor may require any applicant to furnish
such other and further information as may be necessary for him/her
to establish the qualification for exemption of said application.
The Assessor may establish such rules and procedures and take such
other steps as may be necessary to implement the provisions of this
chapter.
E.
The applicant must verify as to the truth of the statements
contained in such application. Any conviction of having made any willful
false statement in such application 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.
The exemptions permitted by § 459-c of the Real Property Tax Law as limited by § 288-21 of this chapter shall apply to real property owned by a cooperative corporation, in addition to other qualifying real property as set forth in Subdivision 6(a) of such § 459-c of the Real Property Tax Law.
[Amended 4-20-2004 by L.L. No. 6-2004; 2-13-2007 by L.L. No.
2-2007]
The income of the owner or the combined income
of the owners for the calendar year prior to the date that the application
is filed shall determine the percentage of assessed valuation which
is exempt from taxation, in accordance with the following schedule:
A.
For the period expiring June 30, 2007 (2007 Assessment
Roll):
|
Annual Income
|
Percentage of Assessed Valuation Exempt
From Taxation
|
|---|---|
|
$0 to $26,000.00
|
50%
|
|
$26,000.01 to $26,999.99
|
45%
|
|
$27,000.00 to $27,999.99
|
40%
|
|
$28,000.00 to $28,999.99
|
35%
|
|
$29,000.00 to $29,899.99
|
30%
|
|
$29,900.00 to $30,799.99
|
25%
|
|
$30,800.00 to $31,699.99
|
20%
|
|
$31,700.00 to $32,599.99
|
15%
|
|
$32,600.00 to $33,499.99
|
10%
|
|
$33,500.00 to $34,399.99
|
5%
|
B.
For the period commencing July 1, 2007 and expiring
on June 30, 2008 (2008 Assessment Roll):
|
Annual Income
|
Percentage of Assessed Valuation Exempt
From Taxation
|
|---|---|
|
$0 to $27,000.00
|
50%
|
|
$27,000.01 to $27,999.99
|
45%
|
|
$28,000.00 to $28,999.99
|
40%
|
|
$29,000.00 to $29,999.99
|
35%
|
|
$30,000.00 to $30,899.99
|
30%
|
|
$30,900.00 to $31,799.99
|
25%
|
|
$31,800.00 to $32,699.99
|
20%
|
|
$32,700.00 to $33,599.99
|
15%
|
|
$33,600.00 to $34,499.99
|
10%
|
|
$34,500.00 to $35,399.99
|
5%
|
C.
For the period commencing July 1, 2008 and expiring
on June 30, 2009 (2009 Assessment Roll):
|
Annual Income
|
Percentage of Assessed Valuation Exempt
From Taxation
|
|---|---|
|
Less than $28,000
|
50%
|
|
$28,000.01 to $28,999.99
|
45%
|
|
$29,000.00 to $29,999.99
|
40%
|
|
$30,000.00 to $20,999.99
|
35%
|
|
$31,000.00 to $31,899.99
|
30%
|
|
$31,900.00 to $32,799.99
|
25%
|
|
$32,800.00 to $33,699.99
|
20%
|
|
$33,700.00 to $34,599.99
|
15%
|
|
$34,600.00 to $35,499.99
|
10%
|
|
$35,500.00 to $36,399.99
|
5%
|
D.
For the period commencing July 1, 2009 (2010 Assessment
Roll and thereafter):
|
Annual Income
|
Percentage of Assessed Valuation Exempt
From Taxation
|
|---|---|
|
$0 to $29,000.00
|
50%
|
|
$29,000.01 to $29,999.99
|
45%
|
|
$30,000.00 to $30,999.99
|
40%
|
|
$31,000.00 to $31,999.99
|
35%
|
|
$32,000.00 to $32,899.99
|
30%
|
|
$32,900.00 to $33,799.99
|
25%
|
|
$33,800.00 to $34,699.99
|
20%
|
|
$34,700.00 to $35,599.99
|
15%
|
|
$35,600.00 to $36,499.99
|
10%
|
|
$36,500.00 to $37,399.99
|
5%
|
E.
For the period commencing June 1, 2023 (2023 Assessment
Roll and thereafter):
[Added 3-21-2023 by L.L. No. 2-2023]
|
Annual Income
|
Percentage of Assessed Valuation Exempt
From Taxation
|
|---|---|
|
Less than $50,000
|
50%
|
|
$50,000 to $50,999.99
|
45%
|
|
$51,000 to $51,999.99
|
40%
|
|
$52,000 to $52,999.99
|
35%
|
|
$53,000 to $53,899.99
|
30%
|
|
$53,900 to $54,799.99
|
25%
|
|
$54,800 to $55,699.99
|
20%
|
|
$55,700 to $56,599.99
|
15%
|
|
$56,600 to $57,499.99
|
10%
|
|
$57,500 to $58,399.99
|
5%
|
