[Adopted 11-3-2003 by L.L. No. 23-2003]
Real property owned by one or more persons at
least one of whom has a disability and whose income is limited by
reason of such disability shall be exempt from taxation by the Village
of Irvington to the maximum extent of 50% of the assessed valuation
thereof, subject to the eligibility requirements contained in § 459-c
of the Real Property Tax Law.
[Amended 12-3-2008 by L.L. No. 1-2008]
In addition to the eligibility requirements
contained in § 459-c of the Real Property Tax Law, if the
income of the owner or the combined income of the owners of the property,
according to calculations set forth in § 459-c of the Real
Property Tax Law, for the income tax year immediately preceding the
date of making application for exemption is less than $36,400, the
exemption from real property taxes levied by the Village of Irvington
shall be calculated as follows:
|
Annual Income for
Income Tax Year
|
Percentage of Assessed Valuation Exempt
from Taxation
|
|---|---|
|
$28,000 or less
|
50%
|
|
More than $28,000 but less than $29,000
|
45%
|
|
More than $29,000 but less than $30,000
|
40%
|
|
More than $30,000 but less than $31,000
|
35%
|
|
More than $31,000 but less than $31,900
|
30%
|
|
More than $31,900 but less than $32,800
|
25%
|
|
More than $32,800 but less than $33,700
|
20%
|
|
More than $33,700 but less than $34,600
|
15%
|
|
More than $34,600 but less than $35,500
|
10%
|
|
More than $35,500 but less than $36,400
|
5%
|
[Amended 11-21-2011 by L.L. No. 7-2011]
In accordance with § 459-c of the
Real Property Tax Law, exemptions may be granted to allow that portion
of a cooperative apartment corporation held by an otherwise eligible
senior citizen tenant/stockholder to be eligible for an exemption
from real property taxes. The Assessor of the Town of Greenburgh shall
determine the amount of exemption, based upon the proportion of the
outstanding stock held by the eligible shareholder and credited against
the taxes charged to the corporation. Eligible stockholders are required
to receive an adjustment to their monthly maintenance fees by the
cooperative apartment corporation to reflect the benefit of the exemption.
A.
Application for such exemption must be made annually
by the owner or all of the owners of the property, on forms prescribed
by the State Board to be furnished by the Assessor of the Town of
Greenburgh, and shall furnish the information and be executed in the
manner required or prescribed in such forms, and shall be filed in
the Assessor's office at least 30 days before the day for filing the
final assessment roll.
[Amended 11-21-2011 by L.L. No. 7-2011]
B.
At least 60 days prior to the day for filing of the
final assessment roll, the Assessor shall mail, to each person who
was granted exemption pursuant to this section on the latest completed
assessment roll, an application form and a notice that such application
must be filed at least 30 days before the day for filing the final
assessment roll and be approved in order for the exemption to be granted.
Failure to mail any such application form and notice or the failure
of such person to receive the same shall not prevent the levy, collection
and enforcement of the payment of the taxes on property owned by such
person.
