The Assessor assesses the value of property within the Village for property tax purposes. This also includes, but not limited to, the collection of property inventory, maintenance of ownership information and implementation of whole and partial property tax exemptions. The Assessor also assists in the defense of litigation regarding property taxes.
PARTIAL TAX EXEMPTIONS
The partial property tax exemptions that a taxpayer may be eligible for are as follows:
Senior Citizen, Veterans (all classes), Volunteer Firefighter, Volunteer Ambulance Worker
All exemption applications MUST be filed with the Assessor no later than December 31st. You can download the most common of these exemptions forms by clicking on the "Document & Forms" section of this page.
TAXRATE FOR HOMESTEAD AND NON-HOMESTEAD PROPERTIES FOR FISCAL YEAR 2023-2024
Homestead - $37.4354 per thousand Non-Homestead - $88.1455 per thousand
HOW WE ARRIVE AT YOUR ASSESSMENT
The Village assesses all real property at a percentage of market value. The percentage is known as an equalization rate (ER). These rates are established by the New York State Office of Real Property Tax Services (http://www.orps.state.ny.us/) annually. This rate and ratio changes annually based on real estate market trends. Most important is their use to equalize the assessment into full market value. For example:
Property Class Market Value Equalization Rate Assessed Value
Homestead $625,000.00 x 20.62% = 128,875
In order to determine your annual Village Taxes, you would need to find out the current tax rate and multiply it by the assessment:
Example Assessment Tax Rate Per Thousand of Assessed Value Annual Taxes
128,875 / 1000 x Homestead rate of $36.399851 = $4,691.03
|Edye McCarthy||Assessor||(914) 200-3944|