[Adopted 2-13-2019 by L.L. No. 2-2019]
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.