[Adopted 10-8-1970; amended in its entirety 6-13-1989 by L.L. No.
4-1989]
The Town of Clarkson hereby grants a partial
real property tax exemption for persons 65 years of age or over in
accordance with § 467 of the Real Property Tax Law.
Such exemption shall not be granted if the income
of the owner or the combined income of the owners of the property,
for the income tax year immediately preceding the date of making application
for exemption, exceeds the sum of $26,000,[2] except that if the aforesaid income is more than $26,000,
then such real property shall be exempt to the extent provided in
the following table:
A.
Exemption schedule for 2007.
|
2007 Annual Income*
|
Percentage of Assessed Value Exempt From
Taxation
|
|---|---|
|
$26,000.00 or less
|
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%
|
|
$34,400.00 and over
|
0%
|
|
NOTES:
|
|---|
|
*Per Real Property Tax Law § 467.
|
B.
Exemption schedule for 2008.
|
2008 Annual Income*
|
Percentage of Assessed Value Exempt From
Taxation
|
|---|---|
|
$27,000.00 or less
|
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%
|
|
$35,400.00 and over
|
0%
|
|
NOTES:
|
|---|
|
*Per Real Property Tax Law § 467.
|
C.
Exemption schedule for 2009.
|
2009 Annual Income*
|
Percentage of Assessed Value Exempt From
Taxation
|
|---|---|
|
$28,000.00 or less
|
50%
|
|
$28,000.01 to $28,999.99
|
45%
|
|
$29,000.00 to $29,999.99
|
40%
|
|
$30,000.00 to $30,999.99
|
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%
|
|
$36,400.00 and over
|
0%
|
|
NOTES:
|
|---|
|
*Per Real Property Tax Law § 467.
|
D.
Exemption schedule for 2010.
|
2010 Annual Income*
|
Percentage of Assessed Value Exempt From
Taxation
|
|---|---|
|
$29,000.00 or less
|
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%
|
|
$37,400.00 and over
|
0%
|
|
NOTES:
|
|---|
|
*Per Real Property Tax Law § 467.
|
