I would like to announce that the New York State Department of Taxation and Finance is now accepting applications for the new 2007 Middle Class STAR Rebate Program. Although homeowners may have signed up in the past, new requirements stipulate that homeowners re-apply again this year.
The Department has started sending letters across the state alerting homeowners who receive the basic STAR exemption of the need to apply and provide income information to receive this year’s Middle Class STAR rebate. The reason for this is that the 2007 program factors in an income component. In the past, income has not been a factor for receiving the property tax rebate check.
Information packets will be mailed in our areas starting on August 27, 2007 and will contain the new 2007 application. Applications can also be obtained by visiting the Department’s official website at www.tax.state.ny.us. These applications may be processed faster than those that are sent by mail.
However, applicants will need the information provided to them in the packets sent by the department. Once you receive your packet, you will need to verify the information provided by the department (including the property information and mailing address) and enter the names, social security numbers, and all other required information for all resident property owners and their spouses. Upon completion of this, please return your application to the department either via the mail or using the online form. Again, applications are due by November 30, 2007.
Middle Class STAR rebate checks for basic STAR recipients will be mailed upon receipt of a completed application. Rebate checks for the approximately 625,000 enhanced STAR recipients will be mailed directly to the homeowner, without need to make application, beginning in July.
You can also visit the department’s web page to calculate the estimated amount of your rebate check. For example, a homeowner living in the Seneca Falls School District would receive a maximum rebate of $483.
A senior in the same school district would receive an estimated amount of $381. Those living in Canandaigua can expect up to $362 ($285 for seniors). Homeowners living in Geneva may receive up to $426 ($336 for seniors). Residents living in Moravia are estimated to receive at most $308 ($243 for seniors), and in Tully, homeowners could get up to $408 ($322 for seniors). Homeowners earning more than $250,000 are not eligible for rebates.
While I believe there is a lot more that needs to be done to help property taxpayers here in New York State, this is a good first step, and I am proud that our advocacy has resulted in these rebates going directly back into the pockets of taxpayers, rather than being funneled through a bureaucratic system. I will keep working to lower your taxes across the board and, please, do not forget to apply for your STAR rebates.