NEW: RESCHEDULED: Public Hearing on Alternative Veterans Tax Exemption Resolution
February 21, 2014
by Jeffrey Mester, President
CCSD Board of Education
Editor’s Note: The Board of Education’s public hearing for the Veterans’ Tax Exemption has been rescheduled for 7:00 p.m. this Wednesday, February 26, in Greeley’s Academic Commons. Assistant Superintendent for Business John Chow has estimated that enactment of the exemption might cost an average $60 per property, per year.
As a follow-up to my article published on February 3, again we encourage members of the community to attend the meeting at 7:00 p.m. this Wednesday, February 26, and give us feedback. Because there is a legislative deadline of March 1st there is a distinct possibility that the Board will be voting on a resolution either at the hearing or later that evening at the regularly scheduled Board meeting.
The CCSD Board of Education is tasked with making a decision on whether or not to pass a resolution that would enact the Veterans Tax Exemption as described above. This is the first time that school districts in New York are able to make this election. We would like to get as much feedback as possible from the community—including veterans and Gold Star families—on the matter.
We would also like to note that at the February 26th meeting, The District will be unveiling its proposed budget for the 2014-15 school year. We do anticipate, once again, coming in below the tax cap. Please plan on attending the February 26th meeting.
Jeffrey S. Mester
Board of Education
Chappaqua Central School District
Press release from the district:
Convene Public Hearing at 8:15 p.m
Appoint District Clerk Pro temp
CHAPPAQUA CENTRAL SCHOOL DISTRICT BOARD OF EDUCATION AGENDA
Wednesday, February 5, 2014
Public Hearing on Alternative Veterans Exemption Resolution
LEGAL NOTICE OF PUBLIC HEARING ON PROPOSED ADOPTION OF ALTERNATIVE VETERANS’ EXEMPTION
NOTICE IS HEREBY GIVEN that the Board of Education of the Chappaqua Central School District shall hold a public hearing on the fifth day of February, 2014, at 8:15 P.M., at the Horace Greeley High School, Chappaqua, New York, for the purpose of discussion of the Board of Education adopting the Alternative Veterans’ Exemption pursuant to §458-a of the Real Property Tax Law for eligible veterans who served during a period of war or have received an expeditionary medal for assessment rolls prepared on the basis of the taxable status dates occurring on or after January 1, 2014.
The following are the components of the Alternative Veterans’ Exemption:
Basic Exemption: Tax exemption of 15% of the assessed value of the property, not to exceed $12,000 or the product of $12,000 multiplied by the latest state equalization rate for the assessing unit, whichever is less.
Combat Zone: For veterans who are documented to have served in a combat zone an additional tax exemption of 10% percent of the assessed value of the property, not to exceed $8,000 or the product of $8,000 multiplied by the latest state equalization rate, whichever is less.
Disabled Veterans: Where the veteran received a compensation rating from the Veterans’ Administration or Department of Defense based upon a service related disability, an additional tax exemption on the qualifying residential property to the extent of the product of the assessed value multiplied by 50% of the veteran’s disability rating, not to exceed $40,000 or the product of $40,000 multiplied by the latest state equalization rate, whichever is less.