[Adopted 9-4-1979 by L.L. No. 7-1979;
amended 4-22-1991 by L.L. No. 4-1991; 12-30-1991 by L.L.
No. 11-1991; 12-30-1991 by L.L. No. 12-1991; 12-30-1991 by L.L. No. 13-1991; 12-29-1992 by L.L. No. 7-1992; 12-19-1994 by L.L.
No. 3-1994; 2-18-2020 by L.L. No. 1-2020]
A.
Real property owned by one or more persons, each of whom is 65 years
of age or over, or real property owned by spouses or by siblings (whether
related through whole or half blood or by adoption), one of whom is
65 years of age or over, shall be exempt from taxation by the Village
of Canton, St. Lawrence County, New York, to the extent of a percentage
of the assessed valuation thereof, which percentage shall be determined
according to the income of the owner or combined income of the owners
of the property for the income tax year immediately preceding the
date of making application for exemption. The percentage of exemption
shall be as follows:
|
Annual Income
|
Percentage of Exemption
|
|---|---|
|
$20,000.00 or less
|
50%
|
|
$20,000.01 to $20,999.99
|
45%
|
|
$21,000.00 to $21,999.99
|
40%
|
|
$22,000.00 to $22,999.99
|
35%
|
|
$23,000.00 to $23,899.99
|
30%
|
|
$23,900.00 to $24,799.99
|
25%
|
|
$24,800.00 to $25,699.99
|
20%
|
|
$25,700.00 to $26,599.99
|
15%
|
|
$26,600.00 to $27,499.99
|
10%
|
|
$27,500.00 to $78,399.99
|
5%
|
|
$28,400.00 or higher
|
0%
|
B.
The term "income tax year" shall mean the twelve-month period for
which the owner or owners filed a federal personal tax return, or,
if no such return is filed, the calendar year. Where title is vested
in either spouse, the spouses' combined income shall be used
to determine the exemption, except where a spouse or ex-spouse is
absent from the property as provided in New York Real Property Tax
Law § 467, Subdivision 3(d)(ii), then only the income of
the spouse or ex-spouse residing on the property shall be considered.
Income shall be defined as stated at New York Real Property Tax Law
§ 467, Subdivision 3(a).
C.
Any exemption provided by this article shall be computed after all
other partial exemptions allowed by law, excluding the school tax
relief (STAR) exemption, have been subtracted from the total amount
assessed, and shall be subject to all other limitations or requirements
stated at New York Real Property Tax Law § 467.
A.
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 Assessor of the Village of Canton and 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 March 1 in each year.
B.
At least 60 days prior to the first day of March, the Village of
Canton Assessor shall mail to each person who was granted exemption
pursuant to this section on the latest completed assessment roll an
application form and a notice that such application must be filed
on or before the first day of March in each year and be approved in
order for the exemption to be granted. Failure to mail any such application
form and notice or the failure of such person to receive the same
shall not prevent the levy, collection and enforcement of the payment
of the taxes on property owned by such person.
Any conviction of having made any willfully false statement
in the application for such exemption shall be punishable by a fine
of not more than $100 and shall disqualify the applicant or applicants
from further exemption for a period of five years.
