The Board of Trustees of the Village of Skaneateles
hereby enacts this article, to provide a partial real property tax
exemption and an increase in the income limitation relative to such
partial exemption for persons aged 65 years of age and over.
Subject to and as defined in the provisions
of New York State Real Property Tax Law § 467, a partial
real property tax exemption is hereby authorized for property owned
by certain persons aged 65 years of age and over.
[Amended 12-13-2004 by L.L. No. 4-2004; 5-14-2007 by L.L. No. 4-2007]
New York State Real Property Tax Law § 467
authorizes the Village to adopt an exemption for a partial real property
tax exemption for real property owned by persons 65 years of age and
over to the extent provided by Chapter 186 of the Laws of 2006, as
shown below.
Exemption
|
2006 Income Limits*
|
2007 Income Limits*
|
2008 Income Limits*
|
2009 Income Limits*
|
---|
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
|
*Town taxable status of
|
3-1-2007
|
3-1-2008
|
3-1-2009
|
3-1-2010
|
For Town bills of
|
December 2007
|
December 2008
|
December 2009
|
December 2010
|
*Village will for bills of
|
May 2008
|
May 2009
|
May 2010
|
May 2011
|
The income eligibility levels for such exemption are hereby established at the maximum amounts authorized by New York State Real Property Tax Law § 467, Subdivision 1(b)(1), as set forth in §
195-24 of this article.
This article shall take effect immediately upon
its filing with the Secretary of State, to be applied to any assessment
roll prepared on the basis of the Village of Skaneateles taxable status
date occurring on or after January 1, 2004.