• Real Estate Tax Exemptions

    • Basic Star
      • No age requirements
      • Income must not exceed $500,000.00 
      • You must own the home & it must be your PRIMARY residence 
      • One-time application (until you move or become 65 years old) 
      • Application must be filed on or before March 1st 
      • Applies only to School Tax
    • Enhanced Star 
      • Must be at least 65 years old o Income limits apply (for 2011, income cannot exceed $79,050.00 (AGI 2009 tax form 1040) 
      • You must own the home & it must be your PRIMARY residence 
      • You must re-apply every year unless you qualify for the Income Verification Program (see Assessor’s Office for details) 
      • Applications must be filed on or before March 1st 
      • Applies only to School Tax
    • Low Income Senior Exemption 
      • Must be at least 65 years old o You must own the home for at least 1 year prior to application & it must be your PRIMARY residence 
      • Income limits apply (for 2011, actual income cannot exceed $32,400.00) 
      • Savings are pro-rated ….County, Town, School and Village percentage savings are determined by income level 
      • This exemption can apply to all taxes except Special District Charges o Application must be filed on or before March 1st o Approximate savings varies depending on income
    • Veterans Exemptions
      • War-Time Vet (15%), Combat Vet (25%) and Veteran Disability (50% x percentage of disability) exemptions are available (up to cap)\
      • Cold War (15% County Only)
      • Must be the PRIMARY residence of the veteran 
      • Your DD-214 must accompany your application 
      • Active Duty during specific periods of war
      • Savings on County/Town tax only
      • Application must be filed on or before March 1st 
    • Other Exemptions Available:
      • Low-Income Disability
      • Volunteer Fireman
      • Agricultural Land
      • Clergy
      • Non-for-Profit
      • Business (Business Investment = minimum of $10,000.00)