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• <br />{e} (d) The head of household claiming such exemption <br />sixty-five years of age or older, or permanently and totally <br />disabled as of December 31 of the year immediately preceding <br />taxable year for which the exemption is claimed. <br />is <br />the <br />{d} (e) The gross combined income from all sources of such <br />claimant owner or owners of such dwelling living therein and of <br />their relatives living in such dwelling for the immediately <br />preceding calendar year does not exceed the sum of ten thousand <br />dollars; provided, that the first two thousand five hundred <br />dollars of income of each relative other than spouse of such <br />claimant owner or owners who is living in such dwelling shall not <br />be included in such total. <br />-je} (f) The net combined financial worth of such claimant <br />owner or owners and of their relatives living in such dwelling as <br />of December 31 of the year immediately preceding the taxable year <br />for which the exemption is claimed does not exceed twenty thou- <br />sand dollars. Net combined financial worth shall include the value <br />of all assets, including equitable interests, exclusive of the <br />fair market value of the dwelling for which exemption is claimed <br />and of the land, not exceeding one acre, upon which it is situated. <br />2. That this ordinance will be effective July 1, 1981 and mobile <br />home owners will first be eligible for the property tax relief <br />granted herein for the 1982 taxable year. <br />Adopted by Council <br />July 6, 1981 <br />Atteste: <br />Clerk of Counci <br />