Explanation 2011-12 tax calculation due to State cap in STAR Reimbursement Percentage
There is some confusion in the property tax calculations on the 2011-12 tax bills. First, the bills are correct. The problem is that when you do the straight-line calculation it does not compute. The reasonthe STAR savings was capped at no more than 2% increase with the new Tax Cap Law. So the district is required to add the difference back into the tax bill. In other words, if a person’s STAR savings from this year to last year exceeded 2%, the state is not reimbursing the amount above 2%, and requires that we add that back to the bill. Click here for a sample bill calculation.
District-wide Property Tax Bills
The district now has a list of all property tax bills throughout the district posted on the Web site. Click here to view the pdf. To search for a particular address, go to edit, find and type in the street name.
Setting Tax Rates
Tax rates are set in August every year and bills are mailed before September 1.
Tax collections begin on September 1, in accordance with the provisions of Section 1322 of the Real Property Tax Law.
Collection without interest penalty extends to October 1st. Interest penalty of two percent is added beginning on October 2nd.
Tax collections end on
November 1st.
2011-12 school year
Clifton Park-$29.61
Halfmoon-$27.70
Malta-$17.17
Waterford-$49.06
Ballston-$17.89
Stillwater-$17.70
2010-11 school year
Clifton Park-$28.51
Halfmoon-$27.56
Malta-$16.53
Waterford-$48.62
Ballston-$18.97
Stillwater-$17.40
2009-10 school year
Clifton Park-$27.80
Halfmoon-$27.33
Malta-$16.12
Waterford-$49.44
Ballston-$18.33
Stillwater-$17.72
2008-09 school year
Clifton Park-$28.14
Halfmoon-$26.20
Malta-$15.20
Waterford-$46.05
Ballston-$17.47
Stillwater-$17.67
2007-08 school year
Clifton Park-$27.21
Halfmoon-$26.27
Malta-$19.54
Waterford-$45.49
Ballston-$17.32
Stillwater-$16.38
