To Be Applicable to the 2024 Assessment Roll Only and Village
Real Property Taxes Based Thereon.
| |
---|---|
If the Adjusted Gross Income ("AGI") for Federal Income Tax
Purposes Is:
|
Percentage of Assessed Value Exempt from Real Property Taxation
|
Less than $24,500
|
50%
|
Greater than $32,900
|
0.00%
|
To be Applicable to the 2025 and all Subsequent Assessment Rolls
and Village Real Property Taxes Based Thereon.
| |
---|---|
If the Adjusted Gross Income ("AGI") for Federal Income Tax
Purposes Is:
|
Percentage of Assessed Value Exempt from Real Property Taxation
|
Less than $29,000
|
50%
|
Greater than $37,400
|
0.00%
|