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STAR Program
The New York State School Tax Relief Program (more commonly known as the STAR Program), or New York State Real Property Tax Law §425, is a school tax rebate program offered in New York State aimed at reducing school district property taxes on the primary residences of New York residents. In New York City, the STAR Program is a tax exemption for those who applied before Fiscal Year 2015-2016 and a tax credit there after for new applicants. The program, which acts similarly to (but is much less extensive than) homestead exemptions in other states, was enacted on August 7, 1997, a product of the annual budget of then-Governor George Pataki. The STAR Program takes two forms: the Basic STAR and the Enhanced STAR. The Basic STAR is open to the primary residence of any New York State resident and exempts $30,000 from the true value of a home or property. The Enhanced STAR, for eligible senior citizens at or above age 65, exempts an annually variable amount ($65,300 for the 2015-2016 s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Rebate
A tax refund or tax rebate is a payment to the taxpayer due to the taxpayer having paid more tax than they owed. By country United States According to the Internal Revenue Service, 77% of tax returns filed in 2004 resulted in a refund check, with the average refund check being $2,100. In 2011, the average tax refund was $2,913. For the 2017 tax year the average refund was $2,035 and for 2018 it was 8% less at $1,865, reflecting the changes brought by the most sweeping changes to the tax code in 30 years. Taxpayers may choose to have their refund directly deposited into their bank account, have a check mailed to them, or have their refund applied to the following year's income tax. As of 2006, tax filers may split their tax refund with direct deposit in up to three separate accounts with three different financial institutions. This has given taxpayers an opportunity to save and spend some of their refund (rather than only spend their refund). Every year, a number of U.S. taxpa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Times Union (Albany)
The ''Times Union'' is an American daily newspaper, serving the Capital Region of New York. Although the newspaper focuses on Albany and its suburbs, it covers all parts of the four-county area, including the cities of Troy, Schenectady and Saratoga Springs. It is owned by Hearst Communications. The paper was founded in 1856 as the ''Morning Times'', becoming ''Times-Union'' by 1891, and was purchased by William Randolph Hearst in 1924. The sister paper ''Knickerbocker News'' merged with the ''Times Union'' in 1988. The newspaper has been online since 1996. The editor of the ''Times Union'' is Casey Seiler, who has held the post since Feb. 1, 2020. He previously served as the paper's managing editor. George Hearst is the publisher. The newspaper is printed in its Colonie headquarters by the Hearst Corporation's Capital Newspapers Division. The daily edition costs $2 and the Sunday/Thanksgiving Day edition costs $3. Home delivery prices are slightly lower. The ''Times Unio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Education In New York (state)
The University of the State of New York (USNY) (distinct from the State University of New York, known as SUNY), its policy-setting Board of Regents, and its administrative arm, the New York State Education Department, oversee all public primary, middle-level, and secondary education in the state. The New York City Department of Education, which manages the public school system in New York City, is the largest school district in the United States, with more students than the combined population of eight U.S. states. Over 1 million students are taught in more than 1,200 separate schools. Primary and secondary schools Public secondary education consists of high schools that teach elective courses in trades, languages, and liberal arts with tracks for gifted, college-bound and industrial arts students. New York is one of seven states that mandate the teaching of Holocaust and genocide studies at some point in elementary or secondary school curricula. One of the major public policy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adjusted Gross Income
In the United States income tax system, adjusted gross income (AGI) is an individual's total gross income minus specific deductions. It is used to calculate taxable income, which is AGI minus allowances for personal exemptions and itemized deductions. For most individual tax purposes, AGI is more relevant than gross income. Gross income is sales price of goods or property, minus cost of the property sold, plus other income. It includes wages, interest, dividends, business income, rental income, and all other types of income. Adjusted gross income is gross income less deductions from a business or rental activity and 21 other specific items. Several deductions (''e.g.'' medical expenses and miscellaneous itemized deductions) are limited based on a percentage of AGI. Certain phase outs, including those of lower tax rates and itemized deductions, are based on levels of AGI. Many states base state income tax on AGI with certain deductions. Adjusted gross income is calculated b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Municipality
A municipality is usually a single administrative division having corporate status and powers of self-government or jurisdiction as granted by national and regional laws to which it is subordinate. The term ''municipality'' may also mean the governing body of a given municipality. A municipality is a general-purpose administrative subdivision, as opposed to a special-purpose district. The term is derived from French and Latin . The English word ''municipality'' derives from the Latin social contract (derived from a word meaning "duty holders"), referring to the Latin communities that supplied Rome with troops in exchange for their own incorporation into the Roman state (granting Roman citizenship to the inhabitants) while permitting the communities to retain their own local governments (a limited autonomy). A municipality can be any political jurisdiction, from a sovereign state such as the Principality of Monaco, to a small village such as West Hampton Dunes, New York. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
School District
A school district is a special-purpose district that operates local public primary and secondary schools in various nations. North America United States In the U.S, most K–12 public schools function as units of local school districts, which usually operate several schools, and the largest urban and suburban districts operate hundreds of schools. While practice varies significantly by state (and in some cases, within a state), most American school districts operate as independent local governmental units under a grant of authority and within geographic limits created by state law. The executive and legislative power over locally controlled policies and operations of an independent school district are, in most cases, held by a school district's board of education. Depending on state law, members of a local board of education (often referred to informally as a school board) may be elected, appointed by a political office holder, serve ex officio, or a combination of any of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Property Tax Equalization
Equalization is a step in property taxation to bring a uniformity to tax assessment levels across different geographical areas or classes of properties. Equalization is usually in the form of a uniform percentage of increase or decrease to each area or class of property. Attempts at explicit equalization in tax assessments date back at least as early as 1799. See also * Fair market value The fair market value of property is the price at which it would change hands between a willing and informed buyer and seller. The term is used throughout the Internal Revenue Code, as well as in bankruptcy laws, in many state laws, and by sever ... References {{tax-stub Evaluation methods Equalization Tax law ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Assessor (property)
Tax assessment, or assessment, is the job of determining the value, and sometimes determining the use, of property, usually to calculate a property tax. This is usually done by an office called the assessor or tax assessor. Governments need to collect taxes in order to function. Federal, state and local governments impose tax assessments against real property, personal property and income. The word tax assessment is used in different ways but often refers to a tax liability owed by a taxpayer. In the case of property, a tax assessment is an evaluation or an estimate of value that is typically performed by a tax assessor. The assessment leads to an “assessed value,” which is a base number used in the calculation of the property tax. There is a relationship between the assessed value and the tax liability. The higher the assessment, the higher the tax bill. In some jurisdictions, the assessed value is meant to equal the market value of property. In other areas, the market va ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
School Year
A school is an educational institution designed to provide learning spaces and learning environments for the teaching of students under the direction of teachers. Most countries have systems of formal education, which is sometimes compulsory. In these systems, students progress through a series of schools. The names for these schools vary by country (discussed in the '' Regional terms'' section below) but generally include primary school for young children and secondary school for teenagers who have completed primary education. An institution where higher education is taught is commonly called a university college or university. In addition to these core schools, students in a given country may also attend schools before and after primary (elementary in the U.S.) and secondary (middle school in the U.S.) education. Kindergarten or preschool provide some schooling to very young children (typically ages 3–5). University, vocational school, college or seminary may be avail ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Senior Citizen
Old age refers to ages nearing or surpassing the life expectancy of human beings, and is thus the end of the human life cycle. Terms and euphemisms for people at this age include old people, the elderly (worldwide usage), OAPs (British usage which stands for Old Age Pensioner), seniors, senior citizens (American usage), older adults (in the social sciences), and the elders (in many cultures). Elderly people often have limited regenerative abilities and are more susceptible to AIDS, herpes, hemorrhoids, and other illnesses than younger adults. A number of other disciplines and domains concern the aging and the aged, such as organic processes of aging (senescence), medical studies of the aging process (gerontology), diseases that afflict older adults (geriatrics), technology to support the aging society (gerontechnology), or leisure and sport activities adapted to older people, such as senior sport. The elderly face various social issues concerning retirement, loneliness, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George Pataki
George Elmer Pataki (; born June 24, 1945) is an American lawyer and politician who served as the 53rd governor of New York from 1995 to 2006. An attorney by profession, Pataki was elected mayor of his hometown of Peekskill, New York, and went on to be elected to the State Assembly and the State Senate. After defeating three-term incumbent Governor Mario Cuomo by a margin of three points in 1994, Pataki would go on to be elected to three consecutive terms himself. He was the third Republican since 1923 to win New York's governorship, after Thomas E. Dewey and Nelson Rockefeller. Pataki's most notable achievements as governor included the creation of a number of new health care programs, presiding over recovery efforts following the September 11 attacks, and for increasing the state's credit rating three times. He chose not to run for a fourth term in 2006; he was succeeded by Democrat Eliot Spitzer. Pataki announced his candidacy for the Republican Party presidential nominatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York State
New York, officially the State of New York, is a state in the Northeastern United States. It is often called New York State to distinguish it from its largest city, New York City. With a total area of , New York is the 27th-largest U.S. state by area. With 20.2 million people, it is the fourth-most-populous state in the United States as of 2021, with approximately 44% living in New York City, including 25% of the state's population within Brooklyn and Queens, and another 15% on the remainder of Long Island, the most populous island in the United States. The state is bordered by New Jersey and Pennsylvania to the south, and Connecticut, Massachusetts, and Vermont to the east; it has a maritime border with Rhode Island, east of Long Island, as well as an international border with the Canadian provinces of Quebec to the north and Ontario to the northwest. New York City (NYC) is the most populous city in the United States, and around two-thirds of the state's population liv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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