The New York State School Tax Relief Program (STAR) provides homeowners with two types of partial exemptions from school property taxes. If you earn less than $500,000 and own and live in your home, you're probably eligible for the STAR exemption.
Two types of STAR exemptions:
Basic STAR available for owner-occupied, primary residences where the resident owners' and their spouses income is less than $500,000 exempts the first $30,000 of the full value of a home from school taxes
Enhanced STAR provides an increased benefit for the primary residences of senior citizens (age 65 and older) with qualifying incomes exempts the first $63,300 of the full value of a home from school taxes as of 2013-14 school tax bills (up from $62,200 in 2012-13)STAR exemptions apply only to school district taxes. They don't apply to property taxes for other purposes, such as county, town or city (except in cities where city property taxes fund schools - Buffalo, New York City, Rochester, Syracuse and Yonkers).
Enhanced STAR Income Verification - Not a local
It recently came to NY States attention that some
assessors are not participating in the Enhanced STAR Income Verification
Program (E-STAR IVP). Since 2003, this program eliminated the Enhanced
STAR renewal process for hundreds of thousands seniors each year. It
provides seniors with privacy, confidentiality and simplicity.
Statewide, 429,000 or 68% of the Enhanced STAR
recipients participate in E-STAR IVP. However, despite the obvious
benefits for seniors, NY State records show that in more than 100 municipalities
there are no seniors participating in the program.
E-STAR IVP is an option for ALL Enhanced STAR
recipients. It is NOT an option for local governments. If a senior provides an assessor with an RP-425-IVP application, the assessor is obliged to participate in the
program. Because of the benefits to seniors, NY State strongly encourages
assessors to offer the option to their Enhanced STAR recipients.
Applying For STAR
Basic STAR Submit Form RP-425Application for School Tax Relief (STAR) Exemption to your local assessor. By signing the form, you are attesting that your income for tax year 2011 was below $500,000.
Enhanced STAR Submit Form RP-425Application for School Tax Relief (STAR) Exemption to your assessor. Demonstrate that you meet the income requirement annually in one of two ways:
Apply annually with your assessor - Complete your STAR application and send it to your assessor with a copy of your income tax return(s) for the appropriate income tax year; or Authorize the NYS Department of Taxation & Finance to verify your income eligibility - Submit Form RP-425-IVPSchool Tax Relief (STAR) Exemption: Optional Income Verification Program to provide your assessor with your social security number(s) and authorize us to verify your income eligibility. If you choose this option, generally you will only have to submit Form RP-425, Form RP-425-IVP, and a copy of your tax return(s) to the assessor in the first year. If you mail your application to the assessor, you may:send it registered mail/return receipt requested include a note requesting a receipt and a stamped, self-addressed envelope. If you hand-deliver it, you also may request a receipt. In either case, retain a copy of your application for your records.
We also recommend that you check the tentative assessment roll when it is made public to ensure that you are receiving the exemptions that you applied for. (In most communities, the tentative roll is made public in early May, but the dates can vary. Please confirm the date with your assessor.)
STAR application deadline: Your STAR application must be postmarked or received by your assessor's office by Taxable Status Date - March 1st.
Board of Assessment & Review (Grievance Day) scheduled for _____________2017 at the Stony Creek Town Hall. Please contact the assessor's office at 696-3575 x305 for any questions regarding this meeting.
The Board of Assessment Review meets on the fourth Tuesday of May for "grievance day". Complaints must be filed with the assessor or the board of review on or before the first day the Board of Assessment Review meets to hear complaints or with the Board of Assessment on "grievance day".