Manlius — The Manlius Town Board has voted to set a public hearing on Feb. 10 to consider two local laws that would change the Alternative Veterans Tax Exemption and the Cold War Veterans Tax Exemption to match up with current state legislation. Recently, the New York State Legislature voted to change the amounts of reductions for veterans when it comes to paying property taxes, said Town Attorney Tim Frateschi at the board’s Jan. 27 meeting.
Currently, Manlius Town Law states for both the Alternative Veterans Tax Exemption and the Cold War Veterans Tax Exemptions, veterans get a 15 percent reduction per $36,000 home assessed value, combat veterans get an additional 10 percent per $20,000 home assessed value and a 50 percent reduction per $120,000 for disabled veterans. The local law change would be made so veterans would get a 15 percent reduction per $42,000 home assessed value, combat veterans with an additional 10 percent reduction per $30,000 home assessed value and a disabled exemption of 50 percent reduction per $150,000.
Frateschi said the board needs to hold a public hearing and must voted on the local laws before March 1 for it to be effective for 2017. The last time that a change was made to the exemption was in 2006, said Frateschi.
The town board voted to set a public hearing for both exemptions for the next meeting on Wednesday, Feb. 10 at the town hall, 301 Brooklea Drive, Fayetteville.
