[Adopted 11-21-2005 by L.L. No. 2-2005]
The Village of Cayuga Heights hereby grants real property tax
exemptions for veterans under the Alternative Veterans Exemption Program,
with the following maximum levels of exemption:
A.
Basic war veteran exemption. For those honorably discharged veterans
(and certain of their family members as set forth in the enabling
legislation) who served during the Spanish-American War, the Mexican
Border period, World War I, World War II, the Korean War, the Vietnam
War period, the Persian Gulf War, or the Iraq War period: 15% of assessed
value with a maximum of $12,000.
B.
Combat zone veteran exemption. In addition for those veterans qualifying
under the Basic War Veteran Exemption who can also document service
in a combat theater or zone: additional 10% of assessed value, with
a maximum of $8,000.
C.
Disabled veteran exemption. In addition for the qualifying veterans
who have received a service-connected disability compensation rating
from the Veterans Administration: additional percentage of assessed
value equal to 50% of the veteran's disability rating, with a maximum
of $40,000.
