Hoosick Falls CSD 2022-23 Budget
All documents below are posted in PDF format.
Here is the adopted 2022-23 budget
Here is the 2022-23 Budget notice
Additional 2022-2023 budget documents:
Any relevant additional documents will be posted as they become available.
IMPORTANT INFORMATION FOR STAR EXEMPTION RECIPIENTS
If you currently receive your STAR benefit as a reduction on your school tax bill, please note that New York State changed the program in 2019. NYS has changed the income levels and percentage growth allowable for the STAR exemption program. The table below highlights the significant differences between the STAR exemption and the STAR credit program.
|STAR Exemption||STAR Credit|
|Available to homeowners who purchased homes before 2016||New homeowners from 2016 on|
|Direct reduction of school tax bill||Homeowners receive check in the mail|
|NEW – Only for homeowners with income less than $250,000 (Based on 2018 Federal AGI)||Available to homeowners with income less than $500,000 (Based on 2018 Federal AGI)|
|NEW – Capped at 0% growth/increase||Available increase up to 2%|
If your 2018 federal adjusted gross income less the taxable amount of total IRA distributions is between $250,000 and $500,000, then you must switch from the STAR exemption to the STAR credit. All other homeowners can keep the STAR exemption but the amount will have 0% growth for the 2020-2021 school year property taxes. If you decide to switch to the STAR credit program, contact your escrow company to determine how receiving a check in the mail for your STAR benefit instead of a direct reduction to your tax bill will affect you. Under the STAR credit program, you will have to pay the full amount of your tax bill. Once you change to the STAR credit, you cannot go back to the STAR exemption.
To switch from the STAR exemption to the STAR credit, you must notify your assessor to withdraw from the STAR exemption and register for the STAR credit at https://www.tax.ny.gov/pit/property/star/default.htm. Homeowners who wish to change after July 1, 2020, must complete a Form RP-496. Please contact your assessor for more information on completing Form RP-496.
Town of Grafton – 518-279-3565
Town of Hoosick – 518-686-5733
Town of Petersburgh – 518-658-3777
Town of Pittstown – 518-753-4222
Town of White Creek – 518-677-2963
For more information, please visit the New York State Department of Taxation STAR unit at https://www.tax.ny.gov/star/ or by phone at 518-457-2036 or your local assessors at the above numbers.
Here is a helpful article regarding STAR rebates