The state of New York has announced the start of the second phase of the School Tax Relief program known as STAR, an initiative designed to provide financial relief to homeowners. Under this program, millions of eligible residents will receive checks or direct deposits to help mitigate the burden of school taxes.
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This measure, driven by Governor Kathy Hochul, seeks to put money directly into the pockets of New York families at a time of economic uncertainty and has been highlighted for its contrast with the funding cut policies that local authorities say are being implemented at the federal level.
“The STAR program provides much-needed school tax relief to millions of New York homeowners. My administration is putting money back in the pockets of families with the delivery of checks and credits that continue to reach hundreds of thousands of homeowners across the state,” was part of Governor Hochul’s statement explaining what the program is and what New York’s stimulus payments will look like.
What is the STAR program?
STAR is a school financial relief program for eligible homeowners in New York State. This program seeks to reduce the amount of school taxes that homeowners must pay. The aid is based on lightening the burden of taxes that fund public schools.
Who is eligible for STAR phase two deposits?
For phase two of the STAR program, beneficiaries will be eligible homeowners living in communities with school tax due dates in August or September.
How much will the STAR program benefits be?
Eligible homeowners will receive checks ranging from $350 to $600, while seniors could receive $700 to $1,500.
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