Disabled Veterans
Veteran’s eligible for 10% assessment reduction
July 08 saw the passage of the Cold War Veterans Property Tax Exemption by the Madison county Board of Supervisors, veterans with service between Sept 2, 1945 and Dec 26 , 1991 who are not otherwise eligible for a veteran’s exemption , may now receive a 10 percent assessment reduction for a 10 year period on the county portion of their taxes.
This exemption is capped at 8000.00 with higher caps for veterans with service connected disabilities. This exemption is for veterans in Madison County. Honorably discharged.
Must apply at your local assessors office before March 1, 2009 in order to receive the reduction on January 2010 tax bills .
Unmarried widows of eligible veterans are also eligible for the exemption .
If a veteran is already receiving a property tax exemption , he or she is not eligible for the Cold War exemption.
Forms are available at the state website at orps.state.ny.us form number RP-45B or at the local assessors office. The veteran will need to attach a copy of their DD214 discharge papers to their application.