BCSD Taxes
School taxes are based upon the assessed value of a property, and the BCSD uses equalization rates to evenly distribute the tax levy across all the municipalities in the District. Properties of similar market value should pay approximately the same amount of school taxes, regardless of municipality. The table below gives an example of similar properties throughout the District and their corresponding school taxes.

 Municipality  Market Value Assessed Value Rate/$1000 School Taxes
 Bedford 589,908 64,300 141.94 9126.74
 Mount Kisco 590,643 96,000 95.10 9129.60
 New Castle 586,387 112,000 81.01 9073.12
 North Castle 570,796 12,900 684.61 8831.45
 Pound Ridge 585,611 105,000 86.29 9060.45

These are real world examples, taken directly from the different municipalities' tax rolls. While the school taxes are not identical, they are clearly very similar. However - please note that Market Value may not necessarily be identical to the sale price of a home. Market conditions vary from moment to moment, and a property could sell for substantially more or less than what you would expect. In those cases, Market Value and actual Sale Price could differ considerably, and the School Taxes would be based upon the Market Value, NOT the actual Sale Price. In many instances, the Market Value will eventually shift as properties are re-assessed, but that shift does take time.

Still have questions? Check out the Tax FAQs for some additional details on taxes in the BCSD.