Town of Parma, NY
Monroe County
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[Adopted 11-8-1984 by L.L. No. 1-1985]
An application for renewal of exemption granted pursuant to Real Property Tax Law § 467-d may be filed on or before the date for hearing of complaints in the Town of Parma.
[Added 1-17-1995 by L.L. No. 1-1995; amended 4-18-2000 by L.L. No. 1-2000; 11-6-2002 by L.L. No. 3-2002; 12-2-2003 by L.L. No. 1-2003; 2-6-2007 by L.L. No. 1-2007; 3-5-2019 by L.L. No. 1-2019]
The various income levels and percentage of exemption applicable thereto and the maximum income for exemption from real property taxation pursuant to § 467 of the Real Property Tax Law, as amended, shall be $26,000 and the sliding scale exemption shall be granted to $32,400 for persons 65 years of age and over as indicated below:
Annual Income
Percentage of Assessed Valuation Exempt from Taxation
$0 to $29,000
50%
$29,001 to $30,000
45%
$30,001 to $31,000
40%
$31,001 to $32,000
35%
$32,001 to $32,900
30%
$32,901 to $33,800
25%
$33,801 to $34,700
20%
$34,701 to $35,600
15%
$35,601 to $36,500
10%
$36,501 to $37,400
5%