Tax Freeze credits are on their way. The property tax freeze credit is a tax relief program that reimburses qualifying New York State homeowners for increases in local property taxes on their primary residence. The program encourages local governments and schools districts to comply with the tax cap and develop approved government efficiency plans to reduce costs.
To receive the credit for 2016:
- you must receive the STAR property tax exemption or STAR credit; and
- your home must be located in a taxing jurisdiction that has:
- complied with the New York State property tax cap, and
- developed a Government Efficiency Plan to reduce costs and had it approved by the Division of budget
As the Village, Amityville School District and the Town of Babylon complied with the above, qualified tax payers will receive a credit check in the mail.
For more information on the property tax credit, please visit https://www.tax.ny.gov/pit/property/property_tax_freeze.htm