Town of Caledonia, NY Article IV Alternative Veterans Exemption

[Adopted 2-12-1998 by L.L. No. 2-1998; amended in its entirety 2-8-2007 by L.L. No. 1-2007]

§ 115-8 Maximum allowable exemption.

A. Section 458-a(2)(d)(ii) of the Real Property Tax Law authorizes a town to increase the maximum allowable exemption granted to veterans for real property tax purposes.

B. The Town of Caledonia, pursuant to the authority granted by § 458-a(2)(d)(ii) of the Real Property Tax Law, increases the maximum allowable exemption granted under paragraphs (a) (b) and (c) of Subdivision (2) of § 458-a of the Real Property Tax Law to $21,000, $14,000, and $70,000, respectively. This increase shall be effective with the 2007 assessment roll.