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.
A. Once a homeowner is registered, it is not necessary to reapply for STAR every year.
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.
A. There is also a senior citizen exemption that is based on income.
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).