[Adopted 6-22-1993 by Ord. No. 595 as
Sec. 21-2 of the 1993 Code; amended 10-10-1996 by Ord. No. 634; 8-18-2003 by Ord. No.
736]
Every person, a citizen and resident of the
Town, of the age of 65 or more years and residing in the Town, on
proper claim being made therefor, is hereby granted a tax exemption
on the following basis:
A.
For taxpayers of the age of 65 through 69 years, an
exemption from taxation on any ratable property of $5,500 of valuation;
B.
For taxpayers of the age of 70 through 74 years, an
exemption from taxation on any ratable property of $11,000 of valuation;
C.
For taxpayers of the age of 75 through 79 years, an
exemption from taxation on any ratable property of $16,000 of valuation;
D.
For taxpayers of the age of 80 or more years, an exemption
from taxation on any ratable property of $27,000 of valuation.
The provisions of Article III of this chapter shall be applicable to this exemption.
A.
Such exemption shall be in addition to any other exemption
to which such person may be entitled. Such exemptions shall be applied
uniformly and without regard to ability to pay.
B.
However, such exemptions shall not be allowed in favor
of any person unless he shall have presented to the Assessor a true
and exact account of his ratable estate as provided in R.I.G.L. §§ 44-5-15
and 44-5-16, for the year for which exemption is claimed, together
with due evidence that he is entitled to such exemption.
