The Ovid Town Board has unanimously adopted two local laws to provide partial property tax exemptions to senior citizens and resident property owners of the town with disabilities who have limited incomes.
Meeting via “Zoom” meeting, the town board determined at its regular meeting (Wed 2/10/21) that qualified property owners should be partially exempt from town real estate taxes on a sliding scale, based on income. Under the scale, persons with maximum income of $18,000.00 can be eligible for a fifty percent (50%) exemption, while those with higher incomes, up to $25,999.00 can receive exemptions ranging from forty-five (45%) to ten (10%) percent.
One law covered the senior exemption. The other set forth the exemption for disabled persons. Under the local laws, the sliding scale can be adjusted by resolution in the future, if the town board determines it appropriate to do so. Application for exemptions must be made annually to the Town Assessor's Office.
The local laws were drafted by Town Attorney Steven Getman at the request of Town Supervisor Joe Borst. All members of the town board voted to support the exemptions.
In addition to Borst, the members of the town board are Mark Couch, Erik Holmberg, John Hubbard and Carrie Wheeler-Carmenatty. The town’s assessor is Anne Morgan.
Each local law is effective upon filing with the New York Secretary of State.
A copy of the draft minutes of the town board’s February 10 meeting, containing the text of both local laws, can be found at the town's website.