The New Lebanon Central School District Board of Education approved the 2013-2014 tax warrant which includes the tax rates for the district’s five towns on August 14. The tax levy, which is the total amount the district will collect in taxes, is $8,523,344 – the amount voters approved in May. It is the third consecutive year the district has crafted a budget with a zero percent increase in both spending and the tax levy.
Even though the district’s tax levy is a 0 percent increase, tax rates vary for each town based on equalization rates set by the NY Office of Real Property Tax Services (ORPTS). After the towns submit final assessment information to the ORPTS, the state assigns each community an equalization rate to account for these differences in assessment practices. This is an effort to fairly apportion the total tax levy among the five towns by designating the level a town’s properties are assessed in relation to “fair market value.” It is important to note that the district does not control any part of the assessment or equalization process. The tax levy – or the total amount to be raised by all taxpayers – is the only part of the tax rate calculation that the district controls.
As a result of final assessment levels and equalization rates, the tax rate increases varied widely this year, from a -0.16 percent decrease on residential property in Canaan to a 19.44% increase for residential property in New Lebanon.
The following rates are for residential property in each town, which will be reflected in the tax bills that will be mailed in the next few weeks. Tax rates are expressed per $1,000 of assessed property value.
- Canaan: $12.43 per $1,000 (decrease of 0.16%)
- Chatham: $16.72 per $1,000 (decrease of 4.57%)
- New Lebanon: $13.71 per $1,000 (increase of 19.44%)
- Nassau: $19.05 per $1,000 (increase of 0.11%)
- Stephentown: $45.87 per $1,000 (increase of 2.97%)
Download the table listing the rates by town in more detail (PDF)
Tax bills will be mailed by September 1 and are due by September 30, 2013 without penalty.
Checks should be made payable to New Lebanon CSD and mailed to:
New Lebanon CSD
Tax Processing Unit
PO Box 12066
Albany, NY 12212 – 2066