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3.04.100: INCOME ASSISTANCE FOR IMPROVEMENT DISTRICT ASSESSMENTS; DEFINITIONS:
For the purposes of this chapter, the following definitions shall apply:
GRANTEE: A person who receives an abatement under this chapter.
HOUSEHOLD: The grantee, the grantee's spouse and any child of the grantee over age eighteen (18) years living in the assessed property.
HOUSEHOLD ASSETS: Stocks, bonds, certificates of deposit, savings accounts or other similar liquid assets which can easily be converted to cash, owned by the grantee, the grantee's spouse and any child of the grantee over the age of eighteen (18) years residing in the assessed property.
HOUSEHOLD INCOME: The aggregate gross income of the grantee, the grantee's spouse, if any, and any child of the grantee over age eighteen (18) years living on the premises during the twelve (12) months prior to the date the assessment payment is due, and is calculated as follows:
   A.   Except as provided in subsection B of this definition, one hundred percent (100%) of all private or government pensions, unemployment benefits, VA benefits, military retirement pensions, other general assistance and all other sources of income, regardless of source;
   B.   Fifty percent (50%) of the income which is derived from:
      1.   Old age survivors and disability payments under social security, and
      2.   Railroad retirement and survivors benefits. (Ord. 17-17)
3.04.110: ELIGIBILITY FOR INCOME ASSISTANCE FOR IMPROVEMENT DISTRICT ASSESSMENTS:
   A.   Provisions: To be eligible for income assistance for improvement district assessments, a grantee must:
      1.   Be a resident of Murray City;
      2.   Own or be in the process of purchasing the assessed property;
      3.   Reside in the assessed property; and
      4.   Meet the household income and asset test in subsections B and C of this section or as otherwise provided in section 3.04.120 of this chapter.
   B.   Household Income Test: A grantee is not eligible for a full abatement if the household income exceeds the Federal low income limits established by the United States Department of Housing and Urban Development, as adjusted.
The grantee may qualify for a partial abatement under section 3.04.120 of this chapter.
   C.   Household Asset Test: An applicant is not eligible for a full abatement if the household assets exceed twelve thousand dollars ($12,000.00). The grantee may qualify for a partial abatement under section 3.04.120 of this chapter.
   D.   Income And Asset Verification: An applicant shall provide written evidence to the satisfaction of the City to verify household income and assets to enable the City to determine the applicant's eligibility.
   E.   Application Date: A person seeking an abatement shall submit an application to the City no later than one month after the date the assessment is due. Late applications may be accepted by the City for good cause shown, as determined by the Mayor or designee. Eligibility for an abatement is determined as of the date the assessment payment is due.
   F.   Yearly Application: An application is required for each year in which an assessment payment installment is due. Qualification for assistance in any given year applies only to the installment due that year.
   G.   Abatement For Previous Installment: A grantee may apply for and receive an abatement for a previous installment which is past due if the grantee would otherwise qualify under a timely application for the benefit period under consideration.
   H.   Application Only To Unpaid Improvements: This chapter applies only to unpaid improvement district assessments, and regardless of whether a person may have otherwise qualified as a grantee at the time a payment to the City was previously made. Nothing herein shall require the City to rebate or pay back previous payments. (Ord. 17-17)
3.04.120: GUIDELINES FOR INCOME ASSISTANCE FOR IMPROVEMENT DISTRICT ASSESSMENTS:
   A.   An applicant meeting all eligibility requirements and the household income and asset tests is entitled to a one hundred percent (100%) abatement of the annual assessment payment then due.
   B.   An applicant who exceeds the household income and asset test in section 3.04.110 of this chapter, but who is otherwise eligible for an abatement may nonetheless remain eligible for a reduced abatement as follows:
      1.   The abatement is reduced by twenty percent (20%) for each two thousand four hundred dollars ($2,400.00) of household income in excess of the household income test;
      2.   The abatement is reduced by twenty percent (20%) for each two thousand four hundred dollars ($2,400.00) in excess of the twelve thousand dollars ($12,000.00) household asset test;
      3.   The grantee is obligated to pay the unabated portion of the assessment in the same manner and payment scheduled as is required of noneligible owners of property in the same improvement district. (Ord. 17-17)
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