Appendix C. PROVISIONS FOR EXEMPTION FROM TAXATION OF CERTAIN ELDERLY AND HANDICAPPED PERSONS
Latest version.
Code Section Description Excluded
portion58-83(a)(3) Requirements for exemption; excluded income ofsecond occupant who is not spouse. $4,627.00 Code Section 58-85 Tax Discount Net Worth Schedule Percentage
DiscountIf income is: and net worth is: the percentage is: $ 0.00 to $11,775 $ 0.00 to $33,000 80% $33,001 to $66,000 64% $66,001 to $100,000 56% $11,776 to $17,469 $ 0.00 to $33,000 60% $33,001 to $66,000 48% $66,001 to $100,000 42% $17,470 to $23,254 $ 0.00 to $33,000 40% $33,001 to $66,000 32% $66,001 to $100,000 28% $23,355 to $29,239 $ 0.00 to $33,000 20% $33,001 to $66,000 16% $66,001 to $100,000 14% (Ord. No. 2015-002, § 4, 2-25-2015; Ord. No. 2016-001, § 4, 2-23-2016; Ord. No. 2017-001, § 4, 3-16-2017; Ord. No. 2018-002, § 4, 2-13-2018; Ord. No. 2018-009, § 4, 12-11-2018; Ord. No. 2019-003, § 4, 12-10-2019)
(Ord. No. 2015-002, § 4, 2-25-2015; Ord. No. 2016-001, § 4, 2-23-2016; Ord. No. 2017-001, § 4, 3-16-2017; Ord. No. 2018-002, § 4, 2-13-2018; Ord. No. 2018-009, § 4, 12-11-2018; Ord. No. 2019-003, § 4, 12-10-2019)