[Adopted 3-24-2003 by L.L. No. 1-2003 as § 130.0 of the 2003 Code]
All references, qualification and definitions in this article are pursuant to State Real Property Tax Law § 467.
The following properties qualify for the partial exemption for seniors:
A. 
Those owned by one or more persons all of whom are 65 years or older.
B. 
Those owned by husband and wife, one of whom is 65 years or older.
Application for the seniors partial property tax exemption must be filed with the Village Clerk before the tax rolls for a given fiscal year close.
Seniors partial property tax exemptions are on a sliding scale based on the combined income of the owners, as follows:
Exemption
$17,500 or less
50%
$17,501 to $18,499
45%
$18,500 to $19,499
40%
$19,500 to $20,499
35%
$20,500 to $21,399
30%
$21,400 to $22,299
25%
$22,300 to $23,199
20%
$23,200 to $24,099
15%
$24,100 to $24,999
10%