You must own the home &
it must be your PRIMARY residence
One-time application (until
you move or become 65 years old)
Applications must be filed on
or before March 1st
Approximate savings = $400 (applies
only to School Tax)
Enhanced Star
Must be at least 65 years old
Income limits apply (for
2008, income cannot exceed $ 70,650 (AGI 2006 tax form 1040)
You must own the home &
it must be your PRIMARY residence
You must re-apply every year
unless you qualify for the Income Verification Program (come into the
Assessor’s Office for details)
Applications must be filed on
or before May 1st
Approximate savings = $600 (applies
only to School Tax)
Low Income Senior Exemption
Must be at least 65 years old
You must own the home for at
least 1 year prior to application & it must be your PRIMARY
residence
Income limits apply (for
2008, actual 2007 income cannot exceed $22,900)
Savings are pro-rated
….County, Town, School and Village percentage savings are determined by
income level
This exemption can apply to
all taxes except Special District Charges
Applications must be filed on
or before March 1st
Approximate savings varies
depending on income
Veterans Exemptions
Cold War Exemption (New in 2009), War-time Vet ( 15%), Combat
Vet (25%) and Veteran Disability (50% x percentage of disability)
exemptions are available (up to cap)
Business (Business
Investment= minimum of $10,000)
Further information may be obtained by contacting the Assessor, Stephen Hunter at: Assessor@townofava.org
Other Information:
Office hours are generally 3-6pm the third Monday of the month at the Town Hall on St. Rt. 26, just south of the East-West Ava Rds. intersection. If you would like to meet with the assessor, please call him beforehand to schedule an appointment: Assessor@townofava.org or (315)794-4475. Additional hours will be scheduled for April and May.
Real Property Database:
The Real Property Database contains parcel-level information related to the assessment of real property. This information is the basis for the property taxes paid to local governments and school districts.
The percentage of market value (full value) used by an assessing unit to establish uniform assessments. This value must appear on the tentative roll. Real Property Tax Law Section 305 specifies, "all real property in each assessing unit shall be assessed at a uniform percentage of value..."
Taxable Status Date
The ownership and physical condition of real property as of this date are assessed (valued) according to price fixed as of the valuation date. All applications for property exemptions must be filed with the assessor by this date.
Residential Assessment Ratio (RAR)
A percentage established by the State Board of Real Property Services according to law, using the ratio of assessed value to the sales price for each usable residential sale in a recent one-year period. Ratios are then listed from highest to lowest; the midpoint (median) ratio is selected as the RAR. The RAR can be used to prove that a residential property is assessed at a higher level than other homes on the assessment roll. Your locality's RAR indicates at what percent of full value residential properties are assessed. For example, a RAR of 20 indicates that residential properties are assessed at approximately 20 percent of their full value.
Equalization Rate
"State equalization rate" means the percentage of full value at which taxable real property in a county, city, town or village is assessed as determined by the state board." (RPTL Section 102) The rate is a ratio of the sum of the locally determined assessed values for all taxable parcels for a given assessment roll divided by ORPS's estimate of total full value for that same roll.