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New York State Department of Taxation and Finance October 18, 2013
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STAR POWER – More than Half of NY Homeowners Have Registered for Basic STARAlbany and Saratoga Counties lead the way with 67% registered |
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Hi-Resolution Television-Quality Video Clips:
The New York State Tax Department announced today that more than half of the eligible homeowners in New York State have registered for their Basic STAR exemptions. More than 2.6 million homeowners are receiving the Basic STAR exemption and saving an average of $700. Last year, a Tax Department study identified thousands of property owners who were receiving more than one STAR exemption on multiple properties. The registration program – the first of its kind in the 15-year life of the program – facilitates Governor Cuomo’s initiative to protect homeowners from fraud and waste. “More than 1.3 million homeowners have used our fast and easy registration process to ensure they don’t lose their STAR exemptions,” said Commissioner of Taxation and Finance Thomas H. Mattox. “If you haven’t registered yet, we encourage you to register today.” Commissioner Mattox reminded homeowners that they must register with New York State even though they initially applied for Basic STAR with their local assessors. Counties range from 31% to 68% Albany and Saratoga Counties top the list of counties, with more than two-thirds of Basic STAR recipients registered. Upstate, where STAR Registration letters were received earlier, three counties are just clearing 50% - Sullivan (51%), Delaware (52%) and Essex (52%) Counties. Downstate percentages rate as high as 48% in Nassau County, with letters having gone out only recently. (Full list of counties below.) Seniors receiving Enhanced STAR not impacted Seniors receiving Enhanced STAR are not affected by the registration - they will continue to apply annually or participate in the Income Verification Program. 175 registration events The Tax Department is reaching all 2.6 million Basic STAR recipients by mail, and is participating in more than 175 in-person local registration events across the state. The registration deadline is December 31, 2013. For more information
Percent of Basic STAR Recipients registered
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