The Canajoharie Central School Board of Education is scheduled to hold a public hearing on a possible new tax exemption for local veterans on Nov. 9 at 6:30 p.m. at the high school.
After the hearing is concluded, the Board is scheduled to hold its regular business meeting at 7 p.m. One of the agenda items for the regular meeting is discussion about the possible tax exemption. At that point the Board may or may not accept the exemption or the decision may be tabled for consideration at a future meeting.
Since 1984, county, town and village leaders across New York have been authorized to offer the so-called Alternative Veterans Exemption, giving military veterans who served during war time, in a combat zone or who have a service-related disability a partial property tax exemption on their local taxes for their primary residence. In December 2013, the law was amended to permit school districts to offer the exemption, as well. Whether or not the exemption is offered in any given community is up to the local school board.
Implementing a tax exemption causes a redistribution of taxes among taxpayers, or a tax shift. Exemptions do not affect the total amount of money a district needs to raise – the tax levy.
If the exemption is adopted, the estimated amount of taxes that would be shifted from veterans to the rest of the community would be about $86,000.
Veteran eligibility criteria for the exemption includes:
• Honorable discharge from service;
• Active Duty status during wartime (Persian Gulf Conflict, Vietnam War, Korean War, World War II) for dates specified in law;
• Veterans receiving Expeditionary Medals or who qualify under the alternatives to “period of war” service may also qualify;
• Generally, reservists are not eligible;
• Certain family members of veterans may be eligible; and
• Criteria is service-based, not income-based like some other exemptions.
A complete agenda for the regular meeting will be available on Monday – Agenda.