[HISTORY: Adopted by the Board of Trustees of the Village of Athens as indicated in article histories. Amendments noted where applicable.]
[Adopted 2-13-2019 by L.L. No. 2-2019[1]]
[1]
Editor's Note: This local law also superseded former Art. I, Exemptions for Senior Citizens and Disabled Persons, adopted 1-24-2018 by L.L. No. 1-2018.
This article is adopted pursuant to the authority of Real Property Tax §§ 459-c and 467. All definitions, terms and conditions of such statute shall apply to this article and are incorporated herein.
[Amended 2-24-2021 by L.L. No. 1-2021]
The Board of Trustees of the Village of Athens does hereby establish the following sliding scale of property tax exemptions for real property owned by persons 65 years of age or over and for real property owned by a person with a disability whose income is limited by such disability, and used as the legal residence of such person, based on the income limits set forth below:
Maximum Income Limit
Property Tax Exemption
$29,000 or less
50%
$29,000.01 to 29,999.99
45%
$30,000 to $30,999.99
40%
$31,000 to $31,999.99
35%
$32,000 to $32,899.99
30%
$32,900 to $33,799.99
25%
$33,800 to $34,699.99
20%
$34,700 to $35,599.99
15%
$35,600 to $36,499.99
10%
$36,500 to $37,399.99
5%
Any person who qualifies for a property tax exemption as a person with a disability shall not be eligible for a property tax exemption as a person who is 65 years of age or over.
[Adopted 1-24-2018 by L.L. No. 2-2018]
In accordance with the provisions of Section 458-b, and amendments thereto, of the Real Property Law of the State of New York, residential real property owned by veterans who rendered military service to the United States during the "Cold War" shall be partially exempt from Village taxation and shall apply to qualifying real property for as long they remain qualifying owners, without regard to such ten-year limitation.
The maximum exemptions allowable from Village real property taxation pursuant to Section 458-b of the Real Property Tax law are hereby adopted.
This local law shall take effect immediately upon its filing with the Secretary of State.