Photo by: Mike Hughes, via Free Images.
Suffolk County, NY - October 16, 2015 - County Executive Steve Bellone announced today that Suffolk’s Tax Freeze/Government Efficiency Plan submitted by the Suffolk County Budget Office has been approved by the New York State Division of the Budget and will be forwarded to the Department of Taxation and Finance to begin the process of calculating tax refunds for Suffolk County homeowners.
demonstrating and implementing operational efficiencies.
Due to the recent approval of the Suffolk County Plan, qualified homeowners which are described as homeowners eligible for the School Tax Relief (STAR) property tax exemption; and live in a taxing jurisdiction that both: limits any increase in its tax levy to a property tax cap set by State law; and, develops and implements a Government Efficiency Plan determined to be compliant by the New York State Division of Budget, will receive a Freeze Credit equal to the greater of: the actual increase in their homeowner’s tax bill; or the previous year’s tax bill multiplied by an inflation factor (the lesser of 2% or inflation).
Tax rebate checks to Suffolk County homeowners will be processed by the NYS Department of Taxation and Finance once Suffolk County files its tax levy information at the end of December.
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