The Common Council hereby declares it to be in the best interest of the City of Oswego to provide a partial tax exemption for qualifying persons with disabilities in accordance with Real Property Tax Law § 459-c. The intent of this article is to mirror the partial tax exemption allowed by the City of Oswego under Real Property Tax Law § 467 for qualifying persons 65 and older. This article establishes the income sliding scale for the partial exemption to be granted hereunder consistent with Real Property Tax Law § 459-c.
[Adopted 5-23-2022 by L.L. No. 2-2022]
The provisions of Real Property Tax Law § 459-c relative to partial tax exemption to persons with disabilities who have limited incomes shall apply to City real property taxes levied by the City of Oswego.
This article hereby grants a partial exemption under RPTL § 459-c, per the following sliding scale:
Exemption Percentage | Income Range | |
|---|---|---|
Low | High | |
50% | $0 | $29,000.00 |
45% | $29,000.01 | $29,999.99 |
40% | $30,000.00 | $30,999.99 |
35% | $31,000.00 | $31,999.99 |
30% | $32,000.00 | $32,899.99 |
25% | $32,900.00 | $33,799.99 |
20% | $33,800.00 | $34,699.99 |
15% | $34,700.00 | $35,599.99 |
10% | $35,600.00 | $36,499.99 |
5% | $36,500.00 | $37,399.99 |
0% | $37,400 and over | |
Said partial exemption will be given only to those persons who are "disabled," as defined in RPTL § 459-c and who have qualifying income.
This article shall be applied to assessment rolls prepared on the basis of a taxable status date of March 1, 2023, and thereafter.
This article shall take effect upon filing with the Secretary of State.