BOE Hearing on Adopting the Alternate Veterans Tax Exemption Is Rescheduled for Tues., Feb 10 at 7:00 pm in the BMS/RHS Library


Due to winter weather, including blizzard conditions, the Rhinebeck Central School District Board of Education's public hearing has been rescheduled for Tuesday, February 10, 2015 at 7:00 pm in the BMS/RHS Library. The Hearing has been set for the purpose of discussing the adoption of the Alternative Veterans’ Exemption pursuant to §458-a of the Real Property Tax Law for eligible veterans who served during a period of war or have received an expeditionary medal for 2015 school taxes and thereafter.

The components of the Alternative Veterans’ Tax Exemption are as follows:

Basic Exemption: 
Tax exemption of 15% of the assessed value of the property, not to exceed $12,000 or the product of $12,000 multiplied by the latest state equalization rate for the assessing unit, whichever is less.

 

Combat Zone:  For veterans who are documented to have served in a combat zone an additional tax exemption of 10% percent of the assessed value of the property, not to exceed $8,000 or the product of $8,000 multiplied by the latest state equalization rate, whichever is less.

The Alternative Veterans’ Tax Exemption, as passed by the New York State Legislature and signed into law by Governor Cuomo last year, is notsupported by additional State funding, as is the current STAR program. Instead, the exemptions provided to eligible veterans who apply are offset by a school district’s non-veteran taxpayers, not by New York State.







DISTRICT CONTACT

845.871.5520 - District
845.871.5520 ext. 5527 - Transportation
845.871.5570 ext. 5560 - Registration
845.871.5570 ext. 5551 - Special Education
845.871.5570 ext. 5560 - Curriculum & Instruction

SCHOOL CONTACT

845.871.5570 - Chancellor Livingston Elementary
845.871.5500 - Bulkeley Middle School
845.871.5500 - Rhinebeck High School