Q: When are Albany County property taxes due for 2025?
A: Property taxes are due January 31, 2025, and must be postmarked by that date to avoid penalties. Senior exemption bills have an extended deadline of February 6, 2025.
Q: What tax credits are available and do they require application?
A: The STAR program provides school tax relief and requires annual application. Senior Citizens Exemptions and Veterans Exemptions are available for qualifying property owners. All credits require application - none are automatic. Applications typically have deadlines in early spring for the following tax year.
Q: How does the STAR Homestead credit work?
A: STAR Basic provides up to $30,000 reduction in assessed value for school tax purposes only. Enhanced STAR for seniors 65+ provides larger reductions. Property owners must apply annually and meet income requirements. This credit reduces the taxable assessed value, not the market value.
Q: How often are properties reassessed in Albany County?
A: Albany County conducts periodic reassessments, though not on a fixed schedule. Property owners receive notice of assessment changes and have the right to file grievances during the specified grievance period, typically in late spring.
Q: What are the penalties for late payment?
A: Late payments incur penalties and interest charges. Payments postmarked after January 31st (or February 6th for senior exemption bills) are subject to penalties that increase over time.
Q: Can I pay my property taxes online?
A: Yes, Albany County offers online payment options through their official website. Property owners can pay by electronic check or credit card, though credit card payments may incur processing fees.
Q: Why do properties in the same neighborhood have different tax rates?
A: Properties may be served by different school districts, fire districts, water districts, or other special taxing districts, resulting in different combined tax rates even within the same neighborhood.
Q: What is the new Parent/Grandparent Living Quarters exemption?
A: Albany County approved Local Law "C" for 2025, creating a property tax exemption for qualifying parent or grandparent living quarters. This exemption requires application and has specific eligibility requirements regarding the living arrangement and property use.
Q: How do I apply for exemptions or file an assessment appeal?
A: Applications for exemptions and assessment grievances must be filed with the Albany County Assessment Department. Specific forms and deadlines vary by exemption type, and most have annual filing requirements even for continuing exemptions.
