[Adopted 4-2-1987 by L.L. No. 2-1987]
The purpose of this article is to provide a
real property tax exemption to senior citizens residing in the Town
of Wawayanda under the enabling legislation of the New York State
Real Property Tax Law § 467, as amended.
[Last amended 5-5-2005 by L.L. No. 1-2005]
A.
Real property owned by qualifying person(s) 65 years of age or over
shall be exempt from taxation to the extent set forth in the schedule
below. The qualifications and conditions for said exemption are set
forth in the state Real Property Tax Law § 467.
|
Annual Income
|
Percentage of Assessed Valuation Exempt from Taxation
|
|---|---|
|
Less than $50,000
|
50%
|
|
$50,000 but less than $51,000
|
45%
|
|
$51,000 but less than $52,000
|
40%
|
|
$52,000 but less than $53,000
|
35%
|
|
$53,000 but less than $53,900
|
30%
|
|
$53,900 but less than $54,800
|
25%
|
|
$54,800 but less than $55,700
|
20%
|
|
$55,700 but less than $56,600
|
15%
|
|
$56,600 but less than $57,500
|
10%
|
|
$57,500 but less than $58,400
|
5%
|
B.
Application.
[Added 11-15-2016 by L.L.
No. 3-2016]
(1)
Application for such exemption must be made by the owner or all of
the owners of the property, on forms prescribed by the state board
to be furnished by the appropriate assessing authority, which application
shall furnish the information and be executed in the manner required
or prescribed in such forms and shall be filed in such Assessor's
office on or before the appropriate taxable status date.
(2)
Late filing of application.
(a)
In the event the owner or all of the owners, of property which
has received an exemption pursuant to § 467 of the Real
Property Tax Law on the preceding assessment roll fail to file the
application pursuant to § 467 on or before the taxable status
date, such owner or owners may file the application, executed as if
such application had been filed before the taxable status date, with
the Assessor on or before the date for the hearing of complaints.
(b)
In the event the owner, or all of the owners, of property which
has received an exemption pursuant to § 467 of the Real
Property Tax Law on the preceding assessment roll fail to file the
application pursuant to § 467 on or before the taxable status
date and the owner, or all of the owners, believe that cause existed
for the failure to file the renewal application by that date, such
owner or owners may, no later than the last day for paying taxes without
incurring interest or penalty, submit a written request to the Assessor
asking him or her to extend the filing deadline and grant the exemption.
Such request shall contain an explanation of why the deadline was
missed, and shall be accompanied by a renewal application reflecting
the facts and circumstances as they existed on the taxable status
date. The Assessor may extend the filing deadline and grant the exemption
if he or she is satisfied that: i) good cause existed for the failure
to file the renewal application by the taxable status date; and that
ii) the applicant is otherwise entitled to the exemption. The Assessor
shall mail notice of his or her determination to the owner/owners.
If the determination states that the Assessor has granted the exemption,
he or she shall thereupon be authorized and directed to correct the
assessment roll accordingly, or, if another person has custody or
control of the assessment roll, to direct that person to make the
appropriate corrections. If the correction is not made before taxes
are levied, the failure to take the exemption into account in the
computation of the tax shall be deemed a "clerical error" pursuant
to Real Property Tax Law § 467 and shall be corrected accordingly.
