Purpose. This article is adopted pursuant to Real Property Tax Law
§ 458-a(2)(d)(ii) for the purpose of increasing the maximum
exemption allowable to veterans who own residential real property
in the Town of Delaware.
Increase of maximum exemptions. Notwithstanding the basic statutory
maximum exemptions set forth in Subdivisions 2(a), (b) and (c) of
§ 458-a of the Real Property Tax Law, pursuant to the authority
provided by Subdivision 2(d)(ii) of § 458-a of the Real
Property Tax Law, the maximum exemptions allowable in the Town of
Delaware under Subdivisions 2(a), (b) and (c) of § 458-a
of the Real Property Tax Law are hereby increased to $27,000 (wartime),
$18,000 (combat zone) and $90,000 (disability), respectively."