TROY -- A STAR registration event was held in Troy Thursday to help local homeowners save on their property taxes.
Experts on the Basic STAR program from the New York State Department of Taxation and Finance were on hand to help register recipients during the two hour event. Homeowners are reminded that they will need to bring social security numbers for all owners and their spouses.
The STAR property tax exemption program allows qualified homeowners in NYS to save on their taxes for 2014. The program specifically reduces the amount of money a homeowner has to pay towards the school district portion of their property taxes.
Typically, the Basic exemption rolls over every year but this time, homeowners have to register again. Earlier this month nearly 320,000 homeowners in the state received reminders in the mail.
"The Tax Department found after studying the matter that there were people who were getting in appropriate exceptions, and the reform was put in place to eliminate those," said Cary Ziter of the NY Dept. of Tax and Finance.
Troy Mayor Louis Rosamilia attended the free workshop and is now reenrolled in the program he's been a part of since its inception in the late 1990's.
"It was very easy to log in, the information was all in the letter that we received," said Rosamilia.
John Long, a troy native that just moved back to the Capital District from Texas, also needed to reenroll.
"From what I understand, there is about a $700 difference, so that's very important," he said.
Registration can also be done by telephone at 518-457-2036 or online at www.tax.ny.gov. The deadline is December 31, 2013. *If you missed the STAR event and would like help, over 150 sign up events will be held across the state. Check out the full list HERE to find one close to you.