• Board of Ed acts to increase Income Range on Senior Citizen Sliding Scale Tax Exemption

    After a public hearing held by the Valley Central School District Board of Education on Monday February 25,2019, the BOE acted to increase the current Senior Citizen Tax Exemption qualifying income range.The Exemption is now based on the income range seen in the table below, with the percent reduction applied based on that range.  The income range had not been increased at Valley Central since 1995. This Senior Citizen Tax Exemption is now in line with the majority of Orange County’s school districts. To qualify for this, a qualified residential property owner must be “at least over 65 years of age”.

     

    INCOME



    $24,000 or less


    $24,000 - $24,999


    $25,000 - $25,999


    $26,000 - $26,999


    $27,000 - $27,899


    $27,900 - $28,799


    $28,800 - $29,699


    $29,700 - $30,599


    $30,600 - $31,499


    $31,500 - $32,399



    PERCENT REDUCTION IN

    ASSESSED VALUATION


    50%


    45%


    40%


    35%


    30%


    25%


    20%


    15%


    10%


    5%

Last Modified on April 26, 2019