[Adopted 3-22-1971]
The purpose of this Article is to grant a partial
exemption from taxation to the extent of 50% of the assessed valuation
of real property which is owned by certain persons with limited income
who are 65 years of age or over meeting the requirements set forth
in § 467 of the Real Property Tax Law.
Real property owned by persons 65 years of age
or over shall be exempt from Town taxes to the extent of 50% of the
assessed valuation subject to the following conditions:
A.
The owner or all of the owners must file an application
annually in the Assessor's office at least 90 days before the day
for filing the final assessment roll or such other time as may be
hereafter fixed by law.
B.
The income of the owner or the combined income of
the owners must not exceed the maximum income for the 12 consecutive
months prior to the date that the application is filed, in accordance
with the following schedule:
[Amended 12-3-1980; 3-25-1983; 6-19-1985; 2-27-1987; 10-25-1989; 12-28-1994; 3-19-1997 by L.L. No. 5-1997]
|
Maximum Income Exemption Eligibility
|
Percentage of Assessed Valuation Exempt
From Taxation
| |
|---|---|---|
|
$16,500 or less
|
50%
| |
|
Greater than $16,500 but less than $17,500
|
45%
| |
|
$17,500 or more but less than $18,500
|
40%
| |
|
$18,500 or more but less than $19,500
|
35%
| |
|
$19,500 or more but less than $20,400
|
30%
| |
|
$20,400 or more but less than $21,300
|
25%
| |
|
$21,300 or more but less than $22,200
|
20%
| |
|
$22,200 or more but less than $23,100
|
15%
| |
|
$23,100 or more but less than $24,000
|
10%
|
C.
Title to the property must be vested in the owner
or, if more than one, in all the owners for at least 60 consecutive
months prior to the date that the application is filed.
D.
The property must be used exclusively for residential
purposes, be occupied in whole or in part by the owners and constitute
the legal residence of the owners.
[Added 2-20-1997 by L.L. No. 2-1997]
A.
Purpose. The purpose of this section shall be to allow
the exclusion of all medical and prescription drug expenses which
were actually paid and not reimbursed or paid by insurance from the
definition of "income" for purposes of the senior citizen exemption
pursuant to § 467 of the Real Property Tax Law of the State
of New York.
B.
Legislative intent. Pursuant to the provisions of
§ 467 of the New York State Real Property Tax Law as heretofore
adopted by the Legislature of the State of New York, the purpose of
this section is to allow the exclusion of medical and prescription
drug expenses which were actually paid and were not reimbursed or
paid by insurance from the definition of "income" for purposes of
the senior citizen exemption.
C.
Meanings. The meanings of words and expressions as
used in this section shall be identical to their meanings as used
in Section 467 of the Real Property Tax Law of the State of New York.
D.
Inconsistencies. Insofar as the provisions of this
section are inconsistent with the provisions of any other local law
or act, the provisions of this section shall be controlling.
[Added 2-20-1997 by L.L. No. 3-1997[1]]
A.
Purpose. The purpose of this section shall be to allow
an aged person to file a first-time exemption after March 1 but before
grievance day pursuant to § 467 of the Real Property Tax
Law of the State of New York if there is a medical reason, such as
hospitalization, death in the family, etc.
B.
Legislative intent. Pursuant to the provisions of
§ 467 of the New York State Real Property Tax Law as heretofore
adopted by the Legislature of the State of New York, the purpose of
this section is to allow filing by an aged person of a first time
exemption after March 1 but before grievance day if there is a medical
reason.
C.
Meanings. The meanings of words and expressions as
used in this section shall be identical to their meanings as used
in § 467 of the Real Property Tax Law of the State of New
York.
D.
Inconsistencies. Insofar as the provisions of this
section are inconsistent with the provisions of any other local law
or act, the provisions of this section shall be controlling.
[Added 4-3-1989 by L.L. No. 3-1989;
amended 2-20-1997 by L.L. No. 4-1997]
A.
Purpose. The purpose of this section shall be to allow
an aged person to file a renewal exemption application up to grievance
day as per § 467 of the Real Property Tax Law of the State
of New York as provided therein.
B.
Legislative intent. Pursuant to the provisions of
§ 467 of the New York State Real Property Tax Law as heretofore
adopted by the Legislature of the State of New York, the purpose of
this section is to allow an aged person to file a renewal exemption
application up to grievance day.
C.
Meanings. The meanings of words and expressions as
used in this section shall be identical to their meanings as used
in § 467 of the Real Property Tax Law of the State of New
York.
D.
Inconsistencies. Insofar as the provisions of this
section are inconsistent with the provisions of any other local law
or act, the provisions of this section shall be controlling.
[Added 3-19-1997 by L.L. No. 5-1997]
Any person or persons found guilty of making
a willful false statement in the application of this exemption shall
be punishable by a fine of not more than $100, and shall be disqualified
from further exemption for a period of five years.
