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RCS District Office
P.O. Box 100
15 Mountain Road
Ravena, NY 12143
(518) 756-5200
Robert K. Libby,
Superintendent

orange bar bullet RCS budget

Tax Relief - STAR and other exemptions

Q: What is a STAR exemption and how does it reduce school taxes?

 

A. Community members who own a home can significantly reduce their school property taxes through a School Tax Relief (STAR) exemption, a program paid for through state taxes. Basic STAR is available on a homeowner’s primary residence only and for households with an income of less than $500,000. Enhanced STAR assists homeowners age 65 and older with household incomes below a specific limit adjusted annually ($83,300 in 2015). Contact your town assessor’s office to apply or visit N.Y.S. Department of Taxation and Finance to learn more.

 

Q: Do I have to reapply for a STAR exemption every year?

A. Once a homeowner is registered, it is not necessary to reapply for STAR every year.

 

Q: Are taxpayers’ STAR savings factored into the budget?

A. No. The STAR program is tax relief for homeowners paid for by New York state through state taxes. It is not a source of additional funding for schools or a consideration in developing the annual school budget.

 

Q: Are there other tax relief options besides STAR?

A. There is also a senior citizen exemption that is based on income.

 

Q: Will there be a property tax freeze credit for school taxes in 2016-17?

A. No. New York’s Property Tax Freeze Credit ended for school taxes in 2015 and will end for local government taxes in 2016. Learn more (PDF).