District sets 2011-12 tax rates
August 22, 2011—At its meeting on
August 16, the Guilderland Central School District Board of Education
adopted tax rates for the 2011-12 school year. Guilderland residents, who
comprise approximately 93% of the district’s tax base, will pay $20.6828 per
$1,000 of assessed value—an increase of .65 cents, or +3.23 percent, over
the current year’s school taxes.
Tax rates for the remaining three towns that comprise the school district
are as follows: residents in the Town of Bethlehem will pay $18.3900 per
$1,000 assessed value; residents in the Town of New Scotland will pay
$18.5814 per $1,000 assessed value; and residents in the Town of Knox will
pay $31.2950 per $1,000 assessed value.
The tax rates differ among the towns because, as is often the case in school
districts that span multiple municipalities, properties in different
communities are often assessed at varying levels in relation to full market
value. Every summer, the New York State Office of Real Property Services
assigns an "equalization rate" for each town. This factor, applied to each
town's total assessment, creates an assessment value that equates to full
market value. This process is intended to ensure that each town is assessed
their fair share of school taxes based on the market value of the properties
within the town.
For more information on tax rate
increases/decreases, please
view the updated tax rate chart (by town).
Tax bills will be mailed to all district residents by Labor Day, and are due
by September 30 without penalty.