[Adopted 11-21-2002 by L.L. No. 2-2002]
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.