Notice of Public Hearing – Senior Exemption


NOTICE IS HEREBY GIVEN, pursuant to the provisions of the Code of the Town of Nunda, and pursuant to New York State Town Law, that a public hearing shall be held by the Town Board of the Town of Nunda at the Nunda Town Hall, located at 4 Massachusetts Street, Nunda, New York at 7:00 PM on Tuesday, February 14, 2023 for the purpose of considering public opinion and comment about or concerning a proposed local law relating to the following:

“A Local Law to adopt a real property tax exemption for certain qualifying senior citizens in accordance with New York State Real Property Tax Law §467. Real property owned by one or more persons, each of whom is sixty-five (65) years of age or over, or real property owned by husband and wife or siblings, one of whom is sixty-five years of age or over, and used as the legal residence of such person(s), shall be exempt from taxation up to a maximum of 50% of the assessed valuation provided the owner(s) meet the qualifications set forth below. To be eligible for the exemption authorized by Real Property Tax Law §467 and implemented by this Local Law, the maximum income of such owner(s) shall not exceed $28,000.00. Any such person(s) having a higher income shall be eligible for an exemption in accordance with the following schedule:

$0 – 28,000.00 50 per centum
$28,000.01 – 28,999.99 45 per centum
$29,000.00 – 29,999.99 40 per centum
$30,000.00 – 30,999.99 35 per centum
$31,000.00 – 31,899.99 30 per centum
$31,900.00 – 32,799.99 25 per centum
$32,800.00 – 33,699.99 20 per centum
$33,700.00 – 34,599.99 15 per centum
$34,600.00 – 35,499.99 10 per centum
$35,500.00 – 36,399.99 5 per centum

A copy of the proposed local law is available for review by the public at the office of the Town Clerk during regular Town Clerk hours.

All interested persons are invited to appear and be heard at the aforesaid time and place.

By Order of the Town Board of the Town of Nunda
Tamara McCallum – Nunda Town Clerk