Tax rates set for 2017-18 school year

At its Aug. 22 meeting, the Liberty Board of Education adopted the district’s tax rate calculation for the 2017-18 school year that carries a decrease in the Town of Liberty totaling .26 cents.

The lower tax rate reflects the board of education’s continuing efforts to keep its school tax levy as low as possible while delivering a quality education program.

Board President noted that this marks the fifth year that the district’s board and administrators brought in a zero or less tax levy and extended his thanks to the district’s business administrator, Lorine Lamerand.

Although the school district’s budget remains under the state-mandated cap and carries a tax levy decrease, property owners’ tax rates may vary due to changes in equalization rates, which are determined by the New York State Office of Real Property Services, and property assessments, which are determined at the town level.

Tax rates may differ among the towns within a school district because each property is individually assessed in relation to its full market value. Every summer, the state assigns an equalization rate for each town that creates an assessment value equal to its full market value. This process is intended to ensure that each town pays its fair share of school taxes based on the town’s market value.

Tax rates for the six towns that comprise the school district are as follows:

Town 2017-18 Assessed Value 2016-17 Assessed Value 2015-16 Assessed Value 2014-15 Assessed Value
Bethel $ 39.43 $37.49 $40.49 $41.28
Fallsburg $ 42.97 $43.24 $46.67 $46.04
Liberty $ 35.03 $35.29 $35.56 $35.76
Neversink $ 723.67 $722.60 $777.92 $787.65
Rockland $ 37.41 $38.81 $39.81 $41.00
Thompson $ 31.25 $31.20 $33.59 $34.40

The school district has no control over property assessments or equalization rates; it only controls the tax levy. Questions about assessments and equalization rates should be directed to the appropriate town assessor’s office.

Update (Sept. 8, 2017)

Tax bills will be mailed to residents during on Sept. 8 and are due by Sept. 30 without penalty. Taxes collected Oct. 1-31 will be assessed a 2 percent penalty. If you don’t receive your bill by Sept. 15, please contact the tax collector, Jeanne Dutcher at (845) 439-3557.