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Property Tax Exemptions

ladderThe Great Neck School District has offered real property tax exemptions to a range of residents, in accordance with state law.

The district has allowed certain exemptions for those age 65 and older—senior citizen—since 1970. The district first approved property tax exemptions for persons with disabilities and limited income in 1984. Volunteer firefighters and emergency medical technicians have also been granted property tax relief by the district, every year since 2005.

The district recently announced that the Board of Education had approved all these real property tax exemptions again this year.

Senior Citizens

The New York Legislature has extended the current level of tax exemption for senior citizens real property tax. Since 1970, the Great Neck Public Schools Board of Education as provided relief to certain property owners 65 years old or older. It was approved once again this year.

Persons With Disabilities And Limited Income

For the last several years, the Great Neck Public Schools Board of Education has adopted a Real Property Tax Exemption for Persons with Disabilities and Limited Income. The school board first adopted this resolution in 1984.

Benefits Table

Tax exemption benefits for both senior citizens and persons with disabilities and limited income are as follows:

50 percent for those earning up to and including $29,000;
45 percent for those earning at least $29,001, but less than $30,000;
40 percent for those earning at least $30,000, but less than $31,000;
35 percent for those earning at least $31,000 but less than $32,000;
30 percent for those earning at least $32,000 but less than $32,900;
25 percent for those earning at least $32,900 but less than $33,800;
20 percent for those earning at least $33,800, but less than $34,700;
15 percent for those earning at least $34,700 but less than $35,600;
10 percent for those earning at least $35,600, but less than $36,500;
5 percent for those earning at least $36,500, but less than $37,400.

Volunteer Firefighters and Ambulance Workers

On July 19, 2005, the New York State Legislature amended a specific section of the Real Property Tax Law in order to enable school districts to offer a property tax exemption to volunteer firefighters and volunteer ambulance workers. The legislation includes strict guidelines for applicants to qualify for the tax assessment exemption.

For these workers, the exemption will be ten percent of the qualified applicants’ real property assessed value.