[Adopted 5-21-2007 by L.L. No. 3-2007]
New York Real Property Tax Law § 459-c authorizes
municipalities to establish a partial tax exemption for persons with
disabilities whose incomes are limited by reason of such disabilities.
In accordance with § 459-c of the New York Real Property
Tax Law, there is hereby established a partial tax exemption for real
property within the Town of Fabius for persons with disabilities whose
incomes are limited by reason of such disabilities in accordance with
the following schedule:
|
Exemption
|
Income Limits
2006
|
Income Limits
Beginning 7-1-2007
|
Income Limits
Beginning 7-1-2008
|
Income Limits
Beginning 7-1-2009
|
|---|---|---|---|---|
|
50%
|
$26,000
|
$27,000
|
$28,000
|
$29,000
|
|
45%
|
$27,000
|
$28,000
|
$29,000
|
$30,000
|
|
40%
|
$28,000
|
$29,000
|
$30,000
|
$31,000
|
|
35%
|
$29,000
|
$30,000
|
$31,000
|
$32,000
|
|
30%
|
$29,900
|
$30,900
|
$31,900
|
$32,900
|
|
25%
|
$30,800
|
$31,800
|
$32,800
|
$33,800
|
|
20%
|
$31,700
|
$32,700
|
$33,700
|
$34,700
|
|
15%
|
$32,600
|
$33,600
|
$34,600
|
$35,600
|
|
10%
|
$33,500
|
$34,500
|
$35,500
|
$36,500
|
|
5%
|
$34,400
|
$35,400
|
$36,400
|
$37,400
|
This article shall take effect immediately.
