Eligible veterans must apply by March 1 to receive exemption

The Fonda-Fultonville Central School District Board of Education adopted the Alternative Veterans and Cold War tax exemptions last year.  Obtaining a veterans’ exemption is not automatic – eligible veterans must submit the initial exemption application form to their local assessor by March 1. Contact your local assessor to receive a form. Veterans with already-approved exemptions on file with their local municipality do not need to reapply for the school district tax exemption.

The board-adopted resolution gives eligible military veterans a partial property tax exemption on their school taxes for their primary residence. The resolution will take effect for the 2019-20 school tax bills.

In order to be eligible, veterans must be honorably discharged and served during the following time periods:

  • Persian Gulf conflict (8/2/90 – present)
  • Vietnam War (2/28/61 – 5/7/75)
  • Korean War (6/27/50 – 1/31/55)
  • World War II (12/7/41 – 12/31/46)
  • Cold War period (9/2/45 – 12/26/91)

The Alternative Veterans Tax Exemption is available only on residential property of a veteran who has served during a designated time of war, or who has received an expeditionary medal. Fonda-Fultonville would offer a 15 percent reduction in assessed value for veterans who served during a time of war, up to $12,000 in assessed value. If the veteran served in a combat zone, they would receive an additional 10 percent exemption up to $8,000 in assessed value. Veterans could also receive a reduction up to 50 percent based on their service-connected disabilities, up to $40,000 in assessed value.

The Cold War Veterans Exemption is available only on residential property of a veteran who served during the Cold War period. Fonda-Fultonville would offer a 10 percent reduction in assessed value, up to $8,000 in assessed value. Veterans could also receive a reduction up to 50 percent based on their service-connected disabilities, up to $40,000 in assessed value.

Local veterans who qualify would have a choice between receiving the Alternative Veterans or Cold War tax exemption. They cannot receive both if they are eligible.