[Adopted 11-23-1998 by L.L. No. 6-1998]
[Amended 11-29-2022 by L.L. No. 4-2022]
Pursuant to § 459-c of the Real Property
Tax Law, residential real property located in the Village of Depew
and occupied by one or more persons with disabilities whose incomes
fall into the categories listed below, shall be exempt from Village
taxes to the extent listed below:
|
Annual Income
|
Percentage Assessed Valuation
Exempt From Taxation
|
|---|---|
|
Up to $29,000
|
50%
|
|
Over $29,000 but less than $30,000
|
45%
|
|
Over $30,000 but less than $31,000
|
40%
|
|
Over $31,000 but less than $32,000
|
35%
|
|
Over $32,000 but less than $32,900
|
30%
|
|
Over $32,900 but less than $33,800
|
25%
|
|
Over $33,800 but less than $34,700
|
20%
|
|
Over $34,700 but less than $35,600
|
15%
|
|
Over $35,600 but less than $36,500
|
10%
|
|
Over $36,500 but less than $37,399
|
5%
|
Applications for such exemption must be made
annually by the owner of such property.
