[Adopted 2-29-2012 by L.L. No. 1-2012]
This article shall be known as Local Law 1 of the year 2012
and more specifically "A Local Law of the Village of Whitesboro Increasing
Partial Exemptions from Taxation for Veterans Pursuant to the Provisions
of Section 458-a of the Real Property Tax Law of the State of New
York."
A.
Qualifying real property situate within the bounds of the Village
of Whitesboro, Oneida County, New York, owned by a qualified owner
all as more partially set forth in § 458-a of the Real Property
Law of the State of New York shall be exempt from taxation for real
estate taxes to be levied by the Village of Whitesboro for the year
2012 and thereafter calculated as follows:
(1)
Fifteen percent of the assessed value of such property; provided,
however, that such exemption shall not exceed $18,000 or the product
of $18,000 multiplied by the latest state equalization rate for the
assessing unit, or in the case of a special assessing unit, the latest
class ratio, whichever is less.
(2)
In addition to the exemption provided above by Subsection A(1), where the veteran served in a combat theater or combat zone of operations documented as required by § 458-a2(b) of the Real Property Tax Law, qualifying residential real property also shall be exempt from taxation to the extent of 10% of the assessed value of such property; provided, however, that such exemption shall not exceed $12,000 or the product of $12,000 multiplied by the latest equalization rate for the assessing unit or, in the case of a special assessing unit, the class ratio, whichever is less.
(3)
In addition to the exemption provided by Subsection A(1 and (2) above,
where the veteran received a compensation rating from the United States
Department of Veterans Affairs or from the United States Department
of Defense because of a service-connected disability, qualifying residential
real property shall be exempt from taxation to the extent of the product
of the assessed value of such property multiplied by 50% of the veteran's
disability rating; provided, however, that such exemption shall not
exceed $60,000 or the product of $60,000 multiplied by the latest
state equalization rate for the assessing unit or, in the case of
a special assessing unit, the latest class ratio, whichever is less.
For the purposes of this subsection, where a person who served in
the active military, naval, or air service during a period of war
died in the service as a result of a service-connected disability,
such person shall be deemed to have been assigned a compensation ratio
of 100%.
B.
Limitations. The exemptions from taxation provided by this section
shall not be applicable to taxes levied for school purposes.
Application for exemption must be made by the owner, or all
of the owners of the property, on a form prescribed by the state board.
The owner or owners shall file the completed form in the Assessor's
office on or before the appropriate tax status date.
Any applicant convicted of making any willful false statement
in the application for such exemption shall be subject to the penalties
prescribed in the Penal Law.
