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Town of New Castle, NY
Westchester County
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Table of Contents
Table of Contents
[HISTORY: Adopted by the Town Board of the Town of New Castle 2-27-2001 by L.L. No. 2-2001. Amendments noted where applicable.]
GENERAL REFERENCES
Taxation: real property exemption — See Ch. 116.
Pursuant to Real Property Tax Law § 425(6)(d), as amended under Chapter 104 of the Laws of 2000 of the State of New York, the last date for filing STAR exemption applications shall be the first day of June preceding the next annual school tax levy.
Real property owned by one or more persons with disabilities, as defined in New York State Real Property Tax Law § 459-c, or owned by a husband, wife, or both, or by siblings, at least one of whom has a disability, and whose income or combined incomes are limited by reason of such disability, shall be exempt from taxes up to a maximum of 50% of the assessed valuation, pursuant to the following schedule and subject to the following conditions:
A. 
For assessment rolls prepared on the basis of a taxable status date occurring on or after June 2007, the exemption shall be as follows:
(1) 
For the period expiring June 30, 2007:
Annual Income
Percentage of Assessed Value Exempt From Taxation
$0 to $26,000
50%
$26,001 to $26,999
45%
$27,000 to $27,999
40%
$28,000 to $28,999
35%
$29,000 to $29,899
30%
$29,900 to $30,799
25%
$30,800 to $31,699
20%
$31,700 to $32,599
15%
$32,600 to $33,499
10%
$33,500 to $34,399
5%
(2) 
For the period commencing July 1, 2007, and expiring on June 30, 2008:
Annual Income
Percentage of Assessed Value Exempt From Taxation
$0 to $27,000
50%
$27,001 to $27,999
45%
$28,000 to $28,999
40%
$29,000 to $29,999
35%
$30,000 to $30,899
30%
$30,900 to $31,799
25%
$31,800 to $32,699
20%
$32,700 to $33,599
15%
$33,600 to $34,499
10%
$34,500 to $35,399
5%
(3) 
For the period commencing July 1, 2008, and expiring on June 30, 2009:
Annual Income
Percentage of Assessed Value Exempt From Taxation
$0 to $28,000
50%
$28,001 to $28,999
45%
$29,000 to $29,999
40%
$30,000 to $30,999
35%
$31,000 to $31,899
30%
$31,900 to $32,799
25%
$32,800 to $33,699
20%
$33,700 to $34,599
15%
$34,600 to $35,499
10%
$35,500 to $36,399
5%
(4) 
For the period commencing July 1, 2009:
Annual Income
Percentage of Assessed Value Exempt From Taxation
$0 to $29,000
50%
$29,001 to $29,999
45%
$30,000 to $30,999
40%
$31,000 to $31,999
35%
$32,000 to $32,899
30%
$32,900 to $33,799
25%
$33,800 to $34,699
20%
$34,700 to $35,599
15%
$35,600 to $36,499
10%
$36,500 to $37,399
5%
1.
The income of the owner or the combined income of the owners of the property, from all sources, as set forth in New York State Real Property Tax Law § 459-c, for the income tax year immediately preceding the date of making application for exemption must not exceed $27,899.99. "Income tax year" shall mean the twelve-month period for which the owner or owners file a federal personal income tax return or, if no such return is filed, the calendar year.
2.
Only that portion of property used exclusively for residential purposes shall be eligible for exemption pursuant to this chapter.
3.
Except as otherwise provided for in New York State Real Property Tax Law § 459-c, to be eligible for exemption pursuant to this chapter, property must be the legal residence, and be occupied, in whole or in part, by the disabled person.
4.
Any exemption provided by this chapter shall be computed after all other partial exemptions allowed by law have been subtracted from the total amount assessed; provided, however, that no parcel may receive both an exemption pursuant to this chapter and a senior citizens' tax exemption pursuant to Chapter 470 of the Laws of Westchester County.
5.
Notwithstanding any other provision of this chapter to the contrary, the provisions of this chapter shall apply to real property held in trust solely for the benefit of a person or persons who would otherwise be eligible for a real property tax exemption, pursuant to this chapter, were such person or persons the owner or owners of such real property.
Application for an exemption pursuant to this chapter must be filed by the owner, or by all of the owners, of the property, annually in the Assessor's office on forms prescribed by the New York State Board of Real Property Services on or before the appropriate taxable status date.
As set forth pursuant to Subdivision 6 of § 459-c of the New York State Real Property Tax Law, title to that portion of real property owned by a cooperative apartment corporation in which a tenant-stockholder resides and which is represented by his or her share or shares of stock in such corporation determined by its or their proportional relationship to the total outstanding stock of the corporation, including that owned by the corporation, shall be deemed to be vested in such tenant-stockholder. That proportion of the assessment of such real property owned by a cooperative apartment corporation determined by the relationship of such real property vested in such tenant-stockholder to such real property owned by such cooperative apartment corporation in which such tenant-stockholder resides shall be subject to exemption from taxation pursuant to § 459-c of the New York State Real Property Tax Law and any exemption so granted shall be credited by the appropriate taxing authority against the assessed valuation of such real property; the reduction in real property taxes realized thereby shall be credited by the cooperative apartment corporation against the amount of such taxes otherwise payable by or chargeable to such tenant-stockholder.