Those property owners of the age of 65 or over
who are eligible for partial exemption of the Village real property
tax who qualify pursuant to § 467 of the Real Property Tax
Law shall be eligible for exemption according to the following scale:
Annual Income
|
Percentage of Exemption
|
---|
Up to and including $21,500
|
50%
|
More than $21,500 but less than $22,500
|
45%
|
More than $22,500 but less than $23,500
|
40%
|
More than $23,500 but less than $24,500
|
35%
|
More than $24,500 but less than $25,400
|
30%
|
More than $25,400 but less than $26,300
|
25%
|
More than $26,300 but less than $27,200
|
20%
|
More than $27,200 but less than $28,100
|
15%
|
More than $28,100 but less than $29,000
|
10%
|
More than $29,000 but less than $29,900
|
5%
|
[Added 12-22-2016 by L.L.
No. 18-2016]
Pursuant to Real Property Tax Law § 467(4-a), the
Village shall send a notice to all eligible persons owning residential
property in the municipality of their eligibility for a senior citizens
exemption and provision for adult third-party designation. As requested
by the senior citizen, the adult third party shall receive all notices
whenever a notice is sent to the senior citizen regarding his/her
real property taxes.