More Leesburg residents will be eligible for tax relief under an amended tax statute approved recently by the Town Council.
Formerly, only persons over 65 were exempt from town taxes, but legislation passed by the General Assembly in 1984 allowed Leesburg to include totally and permanently disabled persons on its tax-exempt rolls. The new statute will also change criteria for eligibility by raising the allowed income limit for these people from $15,000 to $18,000 and the total net worth limit from $35,000 to $65,000. According to assistant town manager Stephen Owen, the latter figure does not include the worth of an eligible person's residence.
Under the old statute, the town lost about $2,600 in revenue annually. With more people eligible for relief, the town could experience an additional $3,000 yearly loss, Owen said.
The State Department of Revenue will compile figures on eligible persons from their own tax rolls, Owen said, and send the names to Leesburg officials who will notify those persons by mail. The application deadline for 1985 taxes is Sept. 1.
To qualify under the disabled clause, a resident must be certified by the Social Security Administration, the Railroad Retirement Board or by two doctors, one of whom must practice in Leesburg.