[Adopted at time of adoption of Code (see Ch. 1, General Provisions,
Art. II).]
The purpose of this article is to provide a partial tax exemption pursuant
to Real Property Tax Law § 459-c to persons with disabilities who
have limited incomes and shall apply to Village real property taxes levied
by the Village of Pulaski.
The New York State Legislature has heretofore amended the Real Property
Tax Law to authorize municipalities to grant a partial exemption from taxation
to persons with disabilities who have limited incomes.
The provisions of Real Property Tax Law § 459-c, as written,
relative to partial tax exemption to persons with disabilities who have limited
incomes, shall apply to Village real property taxes levied by the Village
of Pulaski.
This article shall provide an exemption consistent with the current
senior citizen exemption, which allows an exemption as follows:
|
Senior Citizen Real Property Tax Exemption for Village of
Pulaski Tax Purposes Only (Persons 65 Years of Age or Over)
| ||
|---|---|---|
|
Annual Income
|
Percentage of Assessed
Valuation Exempt
from Taxation
| |
|
Less than $16,025
|
50%
| |
|
More than $16,025 but less than $17,025
|
45%
| |
|
More than $17,025 but less than $18,025
|
40%
| |
|
More than $18,025 but less than $19,025
|
35%
| |
|
More than $19,025 but less than $19,925
|
30%
| |
|
More than $19,925 but less than $20,825
|
25%
| |
|
More than $20,825 but less than $21,725
|
20%
| |
|
More than $21,725 but less than $22,625
|
15%
| |
|
More than $22,625 but less than $23,525
|
10%
| |
|
More than $23,525 but less than $24,425
|
05%
| |
Said exemption will be given only to those persons who are disabled
as defined and qualified in Real Property Tax Law § 459-c.
This article shall be applied to assessment rolls prepared on the basis
of a taxable status date of March 1, 2002, and shall expire on the assessed
rolls prepared on the basis of the taxable date of March 1, 2005.
