[Adopted 3-12-1997 by L.L. No. 1-1997]
This article shall be known as the "Increase In The Exemption Amount Allowed for the Alternative Veterans Exemption Law" of the Town of Brighton.
It is the purpose and intent of this article to implement legislation which amends § 458-a, Subdivision 2, of the Real Property Tax Law of the State of New York to allow the Town of Brighton to increase the maximum exemption allowable in Subdivision 2(a), (b) and (c) to $18,000, $12,000 and $60,000, respectively.
The Town Board of the Town of Brighton hereby recognizes that the total assessed value of the real property for which an exemption had been granted pursuant to Subdivision 2(a), (b) and (c) of § 458-a of the Real Property Tax Law has increased substantially since the original enactment of § 458-a of the Real Property Tax Law in 1984 and that the original maximum exemption allowable under Subdivision 2(a), (b) and (c) of § 458-a of the Real Property Tax Law has significantly decreased as a percentage of the total assessed value of the real property.
The Assessor of the Town of Brighton is hereby directed to increase the maximum exemption allowable for the alternative veterans exemption in Subdivision 2(a), (b) and (c) of § 458-a of the Real Property Tax Law to $18,000, $12,000 and $60,000, respectively, and to appropriately code all alternative veterans exemptions on the Assessment Roll of the Town of Brighton to accurately reflect the increase.