[Adopted 7-11-1979; last amended 2-12-2003 by L.L. No. 1-2003]
[Amended 11-14-2018 by L.L. No. 3-2018]
The Town shall provide for a partial real property
tax exemption for persons 65 years of age or over, pursuant to § 467
of the Real Property Tax Law in accordance with the following:[1]
A.
Maximum annual income exclusion. The veterans disability
compensation from the United States Department of Veterans Affairs
as defined in Title 38 of the United States Code for a veteran with
a service-connected disability shall be excluded from the calculation
of income in the determination of the real property exemptions provided
herein.
B.
Qualifications: The maximum income eligibility level
exemption for persons 65 years of age or older is authorized by § 467
of the Real Property Tax Law as of the appropriate taxable status
date and shall include an otherwise eligible owner who is 65 years
of age or older on the date the application is filed. The burden of
proof is upon the applicants to show eligibility as required by the
assessor.
[1]
Editor's Note: The Maximum Income and Exemption Percentage
Table which follows is currently on file in the Town offices. When
revised limits are enacted by the Town following pending revisions
by New York State, the Table will be included here.
