View a fact sheet [PDF] that takes a closer look at how school tax rates are set
The Board of Education typically sets the tax rates for each school year in August. The tax rates are based upon the total tax levy for the year in the approved budget and final municipal assessments for each of the four towns in the district.
Tax rates vary between the towns because property in each is assessed at different levels in relation to full market value. After the towns submit final assessment information to the state Office of Real Property Services each summer, the state assigns each community an equalization rate to account for these differences in assessment practices.
The equalization process is designed to fairly apportion the total tax levy
between the towns and result in similar tax bills for properties with similar
values â€“ regardless of municipality. The district does not control any part of
the assessment or equalization process.
The district has two-tiers of tax rates: homestead (residential) and non-homestead (commercial) for each municipality.
Tax bills are typically mailed by September 1 and due by September 30 without penalty.
Town Homestead Tax Rate (Residential) Non-Homestead Tax Rate (Commercial)
Niskayuna $18.85 per $1,000 $25.00 per $1,000
Glenville $20.00 per $1,000 $26.27 per $1,000
Colonie $28.32 per $1,000 $37.98 per $1,000
Clifton Park $32.52 per $1,000 $42.66 per $1,000
New York State's State School Tax Relief Program, known as STAR, works by exempting a certain amount of assessed value for qualifying property owners. Enhanced STAR is for senior citizens with incomes below a certain level; Basic STAR applies to owner-occupied homes.
The Niskayuna Central School District does not control any part of the STAR program. For STAR eligibility information, exemption amounts, enrollment information and FAQs, visit the New York State Office of Real Property Services' website, http://www.tax.ny.gov/pit/property/star/index.htm