Veterans Exemptions

🏠 Veterans Property Tax Exemptions

 

New York State Real Property Tax Law

New York State offers several property tax exemptions for qualified veterans, designed to reduce the assessed value of a veteran’s primary residence. These exemptions are optional for local governments and school districts, meaning availability and exemption amounts may vary by location.


1. Eligible Funds Exemption

This exemption reduces the assessed value of a property by the amount of “eligible funds” used to purchase it, up to $5,000.

✅ What Qualifies as “Eligible Funds”?

Funds received by the veteran from:

  • Veterans’ pensions or bonuses

  • Insurance monies, dividends, or refunds related to military service

  • Compensation paid to prisoners of war

  • Mustering-out pay

  • Other similar military-related benefits

🔍 Key Details:

  • Applies only to general municipal taxes (county, city, town, or village)

  • Does not apply to school taxes or special district levies

  • Not limited to the veteran's primary residence


🪖 2. Alternative Veterans Exemption

This exemption is available to veterans who served during wartime and offers:

Service Type Exemption Amount
Wartime Service 15% of assessed value
Combat Zone Service Additional 10%
Service-Connected Disability Up to 50% of disability rating (e.g., 20% disability = 10% exemption)

🔍 Key Details:

  • May apply to general municipal and school taxes

  • Does not apply to special district levies

  • Limited to the veteran’s primary residence (including, at local option, co-ops)

  • Not based on eligible funds


❄️ 3. Cold War Veterans Exemption

(Real Property Tax Law, Section 458-b)

This exemption is for veterans who served during the Cold War period (September 2, 1945 – December 26, 1991) and:

  • May provide up to a 15% reduction in assessed value

  • Some localities offer an additional exemption for service-connected disabilities

🔍 Key Details:

  • Only for residential property

  • Must be the veteran’s primary residence

  • Not available to veterans receiving either the eligible funds or alternative veterans' exemption

  • Availability is at the local option of counties, cities, towns, schools and villages


📝 Filing a Veterans Exemption Application

Steps to Apply:

  1. Fill out the veteran's exemption application form

  2. Contact your local Veterans Affairs Office for:

    • Eligibility verification

    • Approval of military documentation

       

  3. Submit your completed and verified application to your:

    • Local assessor or

    • County Real Property Office

  4. 📅 Filing Deadline: March 1st

     

Alternative Veterans Exemption Limits

MUNICIPALITY

CURRENT

PRIOR

DATE CHANGED

ALTONA

27,000; 18,000; 90,000

12,000; 8,000; 40,000

9/10/01

AUSABLE

12,000; 8,000; 40,000

 

 

BEEKMANTOWN

12,000; 8,000; 40,000

 

 

BLACK BROOK

12,000; 8,000; 40,000

 

 

CHAMPLAIN    

27,000; 18,000; 90,000

12,000; 8,000; 40,000

10/09/01

CHAZY

27,000; 18,000; 90,000

12,000; 8,000; 40,000

11/08/01

CLINTON

12,000; 8,000; 40,000

 

 
DANNEMORA

27,000; 18,000; 90,000

12,000; 8,000; 40,000

9/27/06

ELLENBURG

27,000; 18,000; 90,000

12,000; 8,000; 40,000

9/13/01

MOOERS

27,000; 18,000; 90,000

12,000; 8,000; 40,000

4/17/2002

PERU

15,000; 10,000; 50,000

12,000; 8,000; 40,000

11/08/01

PLATTSBURGH (TOWN)

27,000; 18,000; 90,000

12,000; 8,000; 40,000

10/01/01

PLATTSBURGH (CITY)

27,000; 18,000; 90,000

12,000; 8,000; 40,000

9/06/01

SARANAC

12,000; 8,000; 40,000

 

 

SCHUYLER FALLS

12,000; 8,000; 40,000

 

 

 

 

 

 

VILLAGES

 

 

 

CHAMPLAIN

12,000; 8,000; 40,000

 

 

DANNEMORA

6,000; 4,000; 20,000

 

12/26/98

ROUSES POINT

27,000; 18,000; 90,000

12,000; 8,000; 40,000

11/09/01

 

 

 

 

CLINTON COUNTY

27,000; 18,000; 90,000

12,000; 8,000; 40,000

6/22/01

       

SCHOOL DISTRICTS

     
AUSABLE VALLEY

6,000; 4,000; 20,000

 

02/19/14

BEEKMANTOWN      
CHAZY CENTRAL      
NORTHEASTERN CLINTON      
NORTHERN ADIRONDACK

18,000; 12,000; 60,000

 

12/15/14

PERU CENTRAL      
SARANAC CENTRAL      
CHATEAUGAY CENTRAL      
SARANAC LAKE CENTRAL

15,000; 8,000; 30,000

 

12/1/21

CITY SCHOOL DISTRICT

6,000; 4,000; 20,000

 

5/7/14

 

Cold War Veterans Exemption

 

MUNICIPALITY

 

COLD WAR VETERAN

DISABLED 
COLD WAR VETERAN

 

DATE ADOPTED

ALTONA

10% Assessed Value Max $8,000
No Term Limit (12/11/17)

50% of Assessed Value times Disability Rating Max $40,000
No Term Limit

12/11/17

AUSABLE

N/A

N/A

 

BEEKMANTOWN

10% Assessed Value Max $8,000
No Term Limit (12/27/17)

50% of Assessed Value times Disability Rating Max $40,000
No Term Limit

12/29/08
(Effective 2010 Roll)

BLACK BROOK

N/A

N/A

 

CHAMPLAIN    

15% Assessed Value Max $12,000
No Term Limit (11/14/17)

50% of Assessed Value times Disability Rating Max $40,000
No Term Limit

2/12/08

CHAZY

15% Assessed Value Max $12,000
10 Year Term

50% of Assessed Value times Disability Rating Max $40,000
No Term Limit

2/11/08

CLINTON

N/A

N/A

 

DANNEMORA

N/A

N/A

 

ELLENBURG

N/A

N/A

 

MOOERS

15% Assessed Value Max $12,000
No Term Limit (12/5/17)

50% of Assessed Value times Disability Rating Max $40,000
No Term Limit

7/17/08

PERU

15% Assessed Value Max $12,000
10 Year Term

50% of Assessed Value times Disability Rating Max $40,000
No Term Limit

2/25/13
(Effective 2014 Roll)

PLATTSBURGH (TOWN)

10% Assessed Value Max $8,000
10 Year Term

50% of Assessed Value times Disability Rating Max $40,000
No Term Limit

8/4/08

PLATTSBURGH (CITY)

N/A

N/A

 

SARANAC

10% Assessed Value Max $8,000
No Term Limit (12/18/17)

50% of Assessed Value times Disability Rating Max $40,000
No Term Limit

2/1/08

SCHUYLER FALLS

N/A

N/A

 

 

 

 

 

VILLAGES

N/A

N/A

 

CHAMPLAIN

N/A

N/A

 

DANNEMORA

N/A

N/A

 

ROUSES POINT

15% Assessed Value Max $12,000
10 Year Term

50% of Assessed Value times Disability Rating Max $40,000
No Term Limit

9/6/11

 

 

 

 

CLINTON COUNTY

10% Assessed Value Max $8,000
No Term Limit (11/8/17)

50% of Assessed Value times Disability Rating Max $40,000
No Term Limit

3/4/08

       

SCHOOL DISTRICTS

     
AUSABLE VALLEY

 

 

 

BEEKMANTOWN      
CHAZY CENTRAL      
NORTHEASTERN CLINTON      
NORTHERN ADIRONDACK

15% Assessed Value Max $18,000
No Term Limit

50% of Assessed Value times Disability Rating Max $60,000
No Term Limit

02/15/24

PERU CENTRAL      
SARANAC CENTRAL      
CHATEAUGAY CENTRAL      
SARANAC LAKE CENTRAL

 

 

 

CITY SCHOOL DISTRICT