The Greenburgh Town Board approved a local law signed by Governor Andrew Cuomo and passed by the NYS Legislature (thanks to the hard work of Senator Andrea Stewart Cousins and Assemblyman Tom Abinanti) that will phase in tax hikes over a two year period for those who have experienced at least a 25% increase in the assessed value of their property. Those who qualify will have to submit an application to the Assessor by mid September. There is an income requirement (must be able to qualify for STAR). And, those who take advantage of the phase in must have no building violations.
The application is being prepared and can be accessed on the town website (assessor's page) within the next day or two. Ossining, which also is reassessing all properties, is also implementing similar policies. To watch the discussion of the Town Board work session today click on to the link below. Assessor Edye McCarthy discusses the phase in. The goal of the legislation is to help those who are experiencing very large & sudden increases in their taxes as a result of the reassessment. Only those who meet the guidelines and who are experiencing tax hikes will receive them.
Greenburgh Town Supervisor
EXPLANATION OF PHASE IN LAW--AND DISCUSSION WITH ASSESSOR AND TOWN BOARD
Residential Reassessment Exemption - YouTube
Town Board Work Session July 19, 2016 Town of Greenburgh