Medina village plans to expand income eligibility for senior citizen tax exemption
MEDINA – The Village Board is looking to follow the lead of the county and several other municipalities in expanding the income eligibility for senior citizens to qualify for a discount on their village taxes.
The board held a public hearing on the issue last week and plans to vote on increasing the income levels for the tax discount during the 7 p.m. meeting on Monday.
The County Legislature voted in November 2022 to increase the income levels for residents 65 and older to qualify for the tax break. The senior exemption previously was last changed in 2014.
The senior exemption previously gave 50 percent off property taxes for those 65 and older with an annual income at $15,500 or less and then dropped in 5 percent increments.
The new exemption levels offer 50 percent off at annual incomes of $19,000 or less. It then drops in 5 percent increments until bottoming out at 20 percent off between $23,800 and $24,699.99.
