Schools
Tax Rate Would Increase by 3.66 Percent Under Peekskill Schools Budget Proposal
Residents would pay $660.35 per $1,000 in assessed value under the budget adopted by the Peekskill school district for the 2013-2014 school year, according to estimates given by school officials Tuesday.
A Peekskill parcel with an assessed value of $10,000 would pay $6,600 in school taxes under the district’s, according to estimates given by Peekskill school officials.
The Peekskill school board adopted a budget proposal for the 2013-2014 school year during  Tuesday’s meeting.
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The proposed spending plan has a tax levy of $37,431,286, which represents an increase of about 3.4 percent in this year’s levy.
The tax rate per thousand dollars of assessed value  is expected to increase by 3.66 percent to $660.35, according to Greg Sullivan, assistant superintendent of business for Peekskill schools.
Find out what's happening in Peekskill-Cortlandtfor free with the latest updates from Patch.
A property under the Basic STAR program would see their tax rates increase by 2.07 percent, while a property under the Enhanced STAR program would see their tax rates decrease by 9.34 percent.
The deadline for residents to file for the Enhanced and Basic Star exemptions is May 1.Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
