[Adopted 2-11-1988; amended in its entirety 11-16-1995 by L.L. No.
4-1995]
Upon proper application, persons sixty-five
(65) years of age or older who live in the Village of Horseheads with
an income per the schedule below are hereby granted a real property
tax exemption from Village of Horseheads real property taxes of a
percentage which is noted below:
|
Annual Income
|
Percentage of Assessed Valuation Exempt
from Tax
| |
|---|---|---|
|
Less than $12,500
|
50%
| |
|
$12,501 to $13,200
|
45%
| |
|
$13,201 to $13,700
|
40%
| |
|
$13,701 to $14,300
|
35%
| |
|
$14,301 to $14,900
|
30%
| |
|
$14,901 to $15,500
|
25%
| |
|
$15,501 to $16,100
|
20%
|
