The Eastchester School District has started the public hearing process on whether to provide tax exemptions (for school taxes) to residents who are qualified veterans. Some veterans have long been able to lower their property taxes through exemptions on their county and town/village taxes. Now a bill signed by the governor allows school districts to offer a similar exemption.
The Eastchester Board of Education is supportive of its resident veterans yet is wrestling with the fact that any tax reduction for qualified veterans would result in non-veterans and non- qualified veterans bearing more of the tax burden since the state does not plan to reimburse the revenue that would be lost from veterans who qualify for the new exemptions.
Since the same amount of taxes will still need to be collected, other taxpayers in the district would have to make up the difference. The Town of Eastchester estimates a rough average increased cost to non-veteran property owners (or non-qualifying veteran property owners) of $101 annually.