[Adopted 2-1-1999 by L.L. No. 3-1999]
[Amended 12-16-2002 by L.L. No. 6-2002; 3-15-2004 by L.L. No. 5-2004; 10-2-2006 by L.L. No. 3-2006; 2-7-2011 by L.L. No. 1-2011]
Pursuant to § 459-c of the Real Property Tax Law, the Village of Victor hereby grants an exemption in real property assessments to those persons with disabilities and yearly incomes as stated in § 147-12. Qualified applicants may deduct from their incomes all medical and prescription drug expenses that are not reimbursed or paid by insurance.
To qualify for said exemption, an individual must meet the requirements for disability ownership status, residency, occupancy and income as set forth in § 459-c of the Real Property Tax Law.
[Added 12-16-2002 by L.L. No. 6-2002; amended 3-15-2004 by L.L. No. 5-2004; 10-2-2006 by L.L. No. 3-2006; 4-2-2007 by L.L. No. 3-2007; 2-7-2011 by L.L. No. 1-2011; at time of adoption of Code (see Ch. 1, General Provisions, Art. I)]
A. 
A disabled property owner earning income equal to or less than the following scheduled amounts shall qualify for a 50% persons with disabilities and low income exemption:
Income Year
50% Exemption Income
Assessment Roll Affected
2009 and after
$29,000
2010 and after
B. 
Exemptions for income year 2009 and thereafter shall be granted according to the following schedule:
Maximum Income as Defined in § 147-3
Percentage of Assessed Valuation Exempt from Taxation
$29,000.00
50%
$29,999.99
45%
$30,999.99
40%
$31,999.99
35%
$32,899.99
30%
$33,799.99
25%
$34,699.99
20%
$35,599.99
15%
$36,499.99
10%
$37,399.99
5%