Tax Information We Should All Be Aware Of
While this page is not completed yet, a few of the links are active and more will be activated each day. Our intent is for all citizens to be aware of the property tax issues
Understanding property tax
- Where do tax dollars go
- When are taxes collected
- How are taxes collected
How are your Taxes determined
- Who calculates your taxes
- How are your taxes calculated
What is a tax assessment
- How to find your properties assessed value
- What effects your assessment
- How to find the mil rate for your town
- How does mil rate affect your tax
How to calculate your tax
How grieve your tax
- When and where
- What documentation is needed
STAR
- What is STAR
- Who is eligible
- How to claim a STAR deduction
Why westchesterpropertytaxreduction.com
- How we can help
Where do your taxes go?
The local government provides income for regulatory and service departments, schools, police and fire departments, road maintenance, library, etc. The total budget is composed of these salaries and expenses along with bonded indebtedness (principal and interest payments on borrowed money that was voted for).
School tax bills are usually paid twice a year. The bill normally goes out in August with ½ the payment due by September 30 and the balance by January 30.
Town taxes are usually due before June 1st. Townships vary on deadlines.
It is the homeowner's responsibility to pay their taxes by the deadlines set whether or not they receive a bill.
Tax Calculation
The town assessor divides the town budget by the total assessed amount of property in the town and gets the tax rate. The assessor then multiplies your assessment by the tax rate to get your bill.
Tax Assessment
Your tax assessment is the total value of your land and buildings combined. It is the perceived market value or a percentage of market value deemed by the town’s assessor.
Mill Rate
This is a dollar amount per $1,000. of assessed value. It is also referred to as the tax rate.