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New York State
School Tax Relief (STAR) Program
The New York State School Tax
Relief (STAR) program provides a partial exemption from school
property taxes for owner-occupied, primary residences.
There are two standard STAR
exemptions:
The Basic STAR Exemption:
For
all other homeowners, this means that approximately $30,000 of
your home's full-property value will be exempt from school
taxes.
The Enhanced STAR Exemption:
Available to homeowners age 65 and older. Enhanced STAR will
exempt the first $60,100 of your property's assessed value from
school taxes. An income standard must be met to qualify for
Enhanced STAR
The
Middle Class STAR Rebate Program has been eliminated in the New
York State budget. The program was introduced last year and
provided a rebate check to homeowners who received the STAR
exemption on their property tax bill.
Even though all homeowners are
eligible for a STAR exemption, please note that the savings are
not automatic. To receive your STAR tax cut, you must file an
application with your local property assessor by March 1. If
you have applied previously and been granted the Basic STAR
exemption you do not need to reapply. However, remember to
notify your assessor if your primary residence changes.
To obtain an application contact your local assessors office.
View STAR
exemptions by municipality
Every year, STAR exemptions for
every municipality change based on the municipalities'
equalization rates (which are affected by the housing market).
The state mandates that STAR exemptions for every municipality
must be at least a certain percentage of what they were the
previous year. Up until 2007, the STAR exemption had to be at
least 95 percent of what it was the prior year in any given
municipality. In 2008, that "floor" of 95 percent was reduced to
90 percent in response to changes in the housing market. This
year, it's down to 89 percent. This can affect the amount of
property tax you pay.
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This page is
maintained by
Audrey Hendricks,
communications specialist, according to the Web publishing
guidelines of Duanesburg Central Schools, 133 School Drive,
Duanesburg, NY 12053. Maintained in cooperation with the Capital Region BOCES Communications Service. The district is not responsible for facts or opinions contained on any linked site. Copyright © 2004-08. All rights reserved.
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