Two existing tax exemptions in the East Greenbush Central School District were amended by the Board of Education at a public hearing on Wednesday evening. The tax exemptions were updated to eliminate the sliding scale and increase the income eligibility level from $29,000 or less to $40,000 or less for the Senior Citizen Tax Exemption and Persons with Disabilities Tax Exemption.
Individuals who meet the tax exemption requirements and have an annual income of $40,000 or less can receive an exemption of 50% on their school taxes.
The school board vote followed changes to Real Property Tax Laws that reflect increases in the cost of living, limited financial means and higher-than average healthcare costs faced by these individuals.
There were no public comments at the hearing and the school board passed the resolution unanimously.
The changes to the Senior Citizen Tax Exemption and Persons with Disabilities Tax Exemption will take effect for the 2024-25 school year.
To learn more about East Greenbush CSD Tax Exemptions, visit https://egcsd.org/budget/school-taxes/tax-exemptions.
Watch the Public Hearing