[Adopted 2-1-1989]
[Amended 12-7-1994]
For residents of the Town of Cortlandville, the maximum income eligibility level of $9,000 is hereby modified pursuant to and in accordance with § 467-d of the Real Property Tax Law.[1] The percentage of exemption shall be based on the maximum annual income range specified herein, as follows:
Income Range
Percentage of Exemption
$10,500 or less
50%
$10,501 to $11,500
45%
$11,501 to $12,500
40%
$12,501 to $13,500
35%
$13,501 to $14,400
30%
$14,401 to $15,300
25%
$15,301 to $16,200
20%
[1]
Editor's Note: Real Property Tax Law § 467-d was repealed by L.1985, c. 440, § 3. See Real Property Tax Law § 467.