Definitions. As used in this article:
ACT 77
The Act of December 22, 1993, Public Law 529, No. 77, codified
as the Allegheny Regional Asset District Law, Pa. Stat. Ann. tit.
16, § 6101-B et seq., and as amended.
ASSESSMENT
The fair market value of property as determined by the Board
of Property Assessment, Appeals and Review of Allegheny County.
BOROUGH
The Borough of Rosslyn Farms.
COUNCIL
The Council of the Borough of Rosslyn Farms.
ELIGIBLE TAXPAYER
A long-time owner/occupant of a residence in the Borough
who is a single person aged 60 years or older during a calendar year
in which Borough real property taxes are due and assessed and whose
household income does not exceed $30,000; or married persons if either
spouse is sixty years or older during a calendar year in which Borough
real property taxes are due and assessed and whose household income
does not exceed $30,000.
HOUSEHOLD INCOME
All income received by an eligible taxpayer for which an
exemption under this ordinance is sought.
INCOME
All income from whatever source derived, including, but not
limited to, salaries, wages, bonuses, commissions, interest, dividends,
IRA distributions, income from self-employment, alimony, support money,
cash public assistance and relief, the gross amount of any pensions
or annuities, including railroad retirement benefits for calendar
years prior to 1999, and 50% of railroad retirement benefits for calendar
years 1999 and thereafter, all benefits received under the Federal
Social Security Act (except Medicare benefits) for calendar years
prior to 1999, and fifty percent of all benefits received under the
Federal Social Security Act (except Medicare benefits) for calendar
years 1999 and thereafter, all benefits received under State unemployment
insurance laws and veterans disability payments, all interest received
from the federal or any state government, or any instrumentality or
political subdivision thereof, realized capital gains, net income
from rentals, workers' compensation and the gross amount of loss of
time insurance benefits, life insurance benefits and proceeds, except
the first $5,000 of the total of death benefit payments, and gifts
of cash or property other than transfers by gift between members of
a household in excess of a total value of $300, but shall not include
surplus food or other relief in kind supplied by a governmental agency,
property tax or rent rebate or inflation dividend.
LONG-TIME OWNER/OCCUPANT
Any person who, for at least ten continuous years, has owned
one or more primary residence in Allegheny County, or any person who,
for at least five years, has owned and occupied a dwelling as a principal
residence and domicile if that person received assistance in the acquisition
of that property as part of a government or nonprofit housing program.
PRINCIPAL RESIDENCE
The dwelling place of a person, including the principal house
and lot, and such lots as are used in connection therewith which contribute
to its enjoyment, comfort and convenience, or a building with a maximum
of one commercial establishment and a maximum of three residential
units of which one residential unit must be a principal residence
of a long-time owner/occupant.