Cold War Veterans Tax Exemption The Cold War veteran’s exemption from school taxes is based on a percentage of assessed value and is for a person who served on active duty in the US armed forces between 9/2/45 and 12/26/91 and was discharged or released under honorable conditions.

The Town of Yorktown:  has 2 Cold War veterans  they adopted a basic exemption of 15% up to $54,000 and up to $150,000 for disabled.  the estimated impact to each taxpayer is approximately $34. The Town of New Castle:  has 1 Cold War veteran  they adopted a maximum exemption of 15% up to $54,000 and up to $180,00 for disabled.  the estimated impact to each taxpayer is approximately $34.

The Village and Town of Ossining:  has 296 Cold War veterans; 10 with a disability.  adopted basic exemption is 15% of assessed value up to $12,000 whichever is lesser.  the estimated impact to each taxpayer is approximately $19.

The estimated savings for a cold war veteran at the basic maximum level is approximately $300 for a home with an average assessed value. The savings for a disabled cold war veteran depends on their disability rating.

Cold War Veterans Tax Exemption2 (1).pdf

The estimated savings for a cold war veteran at the basic. maximum level is approximately $300 for a home with an. average assessed value. The savings for a ...

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