Sec. 16-20. - Effective date.

Applications for exemptions under this article filed on or before January 31 of each year and upon approval by the assessor prior to the legal certification of the tax roll shall be accepted by the tax collector, and credit for such exemption shall be applied to the assessment of December 31 of the year preceding the date of such filing and approval. Tax exemptions authorized by this article shall be effective from and after 12:00 noon December 31. Any applications for exemptions filed after January 31 of any year and subsequently approved by the assessor shall not be operative until the year succeeding such filing, and the exemption credit shall become effective against the assessment made December 31 following the date of filing.

(Rev. Ords. 1987, § 16-20)