Senior aged property tax exemption rising by $750

The income level qualifying senior homeowners for a property exemption on their school taxes is being increased by $750 after a Board of Education hearing was held last night.

The Board of Education opted to increase the amounts by $750 this year; in the past, the figure had been increased by $500 per year.

The deadline for applying for this exemption is March 1. If you have any questions, contact your assessor. Glenville’s assessor can be reached at (518) 688-1200 Ext. 6; Charlton’s assessor can be reached at 518-384-0152; and Amsterdam’s assessor can be reached at 518-841-4334.

Homeowners over age 65 with a household income below $29,249 qualify for a partial exemption on their Scotia-Glenville school taxes.

Read more about this program here – https://www.tax.ny.gov/pit/property/exemption/seniorexempt.htm

At Scotia-Glenville, the new income levels are as follows:

  • $21,700 and lower income: 50 percent exemption for school taxes
  • $21,751 to $22,749,99: 45 percent exemption
  • $22,750 to $24,749.99: 40 percent exemption
  • $24,750 to $25,649.99: 35 percent exemption
  • $25,650 to $26,549.99: 25 percent exemption
  • $26,650 to $27,449.99: 20 percent exemption
  • $27,450 to $28,349.99: 15 percent exemption
  • $28,350 to $29,249,99: 10 percent exemption
  • $29,250 and higher: No exemption