2012 New York Consolidated Laws
RPT - Real Property Tax
Article 13 - (1300 - 1342) SPECIAL PROVISIONS RELATING TO SCHOOL DISTRICTS
1306-A - Effect of school tax relief (STAR) exemption upon school district taxes; state aid.

 
    §  1306-a.  Effect  of  school tax relief (STAR) exemption upon school
  district taxes; state aid. 1. Levy of taxes; determination of taxes due.
  The amount of taxes to be levied for any school year shall be determined
  without regard to the fact that state aid will be  payable  pursuant  to
  this  section.  In  addition,  the tax rate for any school year shall be
  determined as if no  parcels  were  exempt  from  taxation  pursuant  to
  section  four hundred twenty five of this chapter. However, the tax rate
  so determined shall be applied to the taxable  assessed  value  of  each
  parcel  after  accounting  for  all applicable exemptions, including the
  exemption  authorized  by  section  four  hundred  twenty-five  of  this
  chapter.
    2.  Tax  savings. (a)(i) The tax savings for each parcel receiving the
  exemption authorized by section four hundred twenty-five of this chapter
  shall be computed by subtracting the amount actually levied against  the
  parcel  from  the  amount  that  would  have  been levied if not for the
  exemption, provided  however,  that  beginning  with  the  two  thousand
  eleven-two  thousand  twelve  school year, the tax savings applicable to
  any "portion" (which as used herein shall mean that part of an assessing
  unit located within a school district) shall not exceed the tax  savings
  applicable  to  that  portion in the prior school year multiplied by one
  hundred two percent, with the result rounded to the nearest dollar.  The
  tax  savings  attributable to the basic and enhanced exemptions shall be
  calculated  separately.  It  shall  be   the   responsibility   of   the
  commissioner  to  calculate tax savings limitations for purposes of this
  subdivision.
    (ii) The tax savings applicable to a  portion  for  the  two  thousand
  ten-two  thousand  eleven school year shall be determined by multiplying
  the exempt amount applicable to the portion for the two thousand ten-two
  thousand eleven school year by the tax rate applicable  to  the  portion
  for  the two thousand ten-two thousand eleven school year, with separate
  calculations for the basic and enhanced exemptions.
    (iii) Where a school tax rate was changed in the midst  of  the  prior
  school  year,  an  annualized  school  tax  rate  shall be used for this
  purpose. The annualized tax rate for this purpose shall be determined by
  calculating the average of the tax rates  in  effect  at  various  times
  during  the school year, weighted according to the length of time during
  which they were respectively applicable.
    (b) A statement shall then be placed on the tax bill for the parcel in
  substantially the following form: "Your tax savings this year  resulting
  from the New York state school tax relief (STAR) program is $_______."
    3.  State  aid. (a) The total tax savings duly provided by each school
  district pursuant to this section shall be a state charge,  which  shall
  be payable as provided herein.
    (b) A school district seeking state aid pursuant to this section shall
  submit  an  application  therefor  to  the commissioner. The application
  shall include such information as the commissioner shall require.
    (c) Upon approving an application  for  state  aid  pursuant  to  this
  section,  the commissioner shall compute and certify to the commissioner
  of education the amounts payable to the school district. Such state  aid
  shall  be  payable  upon  the audit and warrant of the state comptroller
  from vouchers certified and approved by the commissioner  of  education,
  as  provided  by section thirty-six hundred nine-e of the education law,
  as applicable.
    (d) The commissioner may audit an application for state  aid  pursuant
  to  this  section  within one year after authorizing payment thereon. If
  the commissioner should discover that a school district has  received  a
  greater  or  lesser amount of such aid than it should have received, the
  commissioner shall so notify the school district, and  shall  cause  the

  next  payment  of  such  aid  to  the  school  district  to  be adjusted
  accordingly.
    (e)  When  an  improperly  granted  exemption  has been revoked in the
  manner provided by section four hundred twenty-five of this chapter, the
  aid payable to the school district pursuant to  this  section  shall  be
  reduced  by  the  amount  of  the  taxes  attributable  to  the  revoked
  exemption.
    4. Installment payments. When school taxes are payable in installments
  pursuant to law, the tax savings  provided  by  this  section  shall  be
  applied proportionally against the respective installments.
    5.  Untimely  payment of taxes. (a) When taxes on a property receiving
  the exemption authorized by section four  hundred  twenty-five  of  this
  chapter  are  not  paid  in a timely manner, interest, penalties and any
  other applicable charges shall be imposed only against the  balance  due
  after  the  tax savings provided by this section have been deducted from
  the taxes owed.
    (b) When a county, city  or  town  is  required  by  section  thirteen
  hundred thirty or thirteen hundred thirty-two of this chapter, or by any
  other  general or special law, to make a payment to a school district on
  account of unpaid school taxes, the tax savings provided by this section
  shall be deducted from the amount so payable.
    6. Inconsistent laws superseded. The provisions of this section  shall
  apply  to  all school districts, notwithstanding any provision of law to
  the contrary.