GOWANDA - Those residents who not may not meet the income requirements for the senior citizen income tax exemption or the persons with disabilities and limited income exemptions may see some relief. The Gowanda Board of Education is proposing to introduce a sliding scale for income limits for the exemptions.
Joelle Woodward, district business administrator, said there is a one year opt-in and opt-out program; the district can change the requirements in the future if so desired. In order for the board to vote on the proposed changes, a public hearing is required and the board must vote before Dec. 1 for the changes to take effect in 2014. Woodward said when a resident uses any exemption, their tax burden is shifted to the rest of the taxpayers.
"There is no way to estimate the impact on the district," she said noting the district won't know until next year how the proposed changes will affect the district.
The proposed income sliding scale starts at $18,500 or less, which is also the current exemption limit, for 50 percent exemption of assessed value. The first four tiers are in $1,000 increments while the last two are $900.
It progresses as follows: $18,500 but less than $19,500 for 45 percent exemption of assessed value; $19,500 but less than $20,500 for 40 percent exemption of assessed value; $20,500 but less than $21,500 for 35 percent exemption of assessed value; $21,500 but less than $22,400 for 30 percent exemption of assessed value; $22,400 but less than $23,300 for 25 percent exemption of assessed value; and $22,300 but less than $24,200 for 20 percent exemption of assessed value. This sliding scale will be applicable to both the senior citizen and persons with disabilities exemptions.
The public hearing will be on Dec. 18 at 7 p.m. in the middle school library. Any residents may speak during the public hearing. The regular meeting will start immediately following.
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