The Daily Gazette
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320K homes to lose STAR exemption

Crackdown hits Schenectady hard

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Ten percent of the properties in Schenectady lost a valuable tax exemption this year through the state’s effort to weed out unqualified properties. In Schenectady, about 825 properties lost their STAR exemption this year, the assessor’s office said. There are now 7,045 properties still eligible for the exemption. What is not yet clear is how many of those properties lost the exemption because their owners broke the rules. Some City Council members have worried residents ...

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August 23, 2014
6:23 a.m.

[ Flag Post ]

Does this translate into any savings and/or return of programs to Schdy schools?

August 23, 2014
7:14 a.m.

[ Flag Post ]

How many were seniors that didn't know they had to file or forgot? And if and when they do realize, how many hoops will they have to jump through to get it back?

August 23, 2014
11:02 a.m.

[ Flag Post ]

The rules for STAR are not that complicated - if people have owned and lived in their homes, they should be aware of the need to file the paperwork. It comes in the mail and for a government program, the paperwork is pretty simple. More than likely - many of these people filed for their rental properties and got caught.