School Tax FAQs 

FAQ #1: 

My friend in Bedford just told me their school taxes decreased last year, but mine in Pound Ridge increased. Why didn't I get a decrease?

Tax rates in each town vary from year to year as the market changes. Because the overall market value of properties in Mount Kisco, Pound Ridge and New Castle increased more than the overall market value of properties in Bedford and North Castle, their tax rates showed more of an increase as well as seen in the table below. 

Source:  BCSD Budget Book 2019-2020

That being said - over time, those tax rates even out more than the table above would indicate. While Mount Kisco had an over 12% increase this year, last year it was under 2%. Bedford's slight decrease this year was an increase of just over 3% last year. The trends over time are not quite as dramatic, as seen in this table:

Source:  BCSD Adopted Budget Presentation 2019-2020

FAQ #2: 

Why does Bedford pay more school taxes than any other municipality in the BCSD?

A quick recap - school taxes in NY are directly tied to property value. The Bedford properties that are included in the BCSD taxing jurisdiction have a total assessed and market value higher than the properties from any other municipality. Last year, the Market Value of properties in Bedford were $3.77 billion - the Market Value of properties in Pound Ridge were $1.93 billion, and the other towns were even less. The Tax Levy is apportioned to each town according to the property value as seen in the table below:

Source:  BCSD Adopted Budget Presentation 2019-2020

FAQ #3: 

Can local municipalities or individual school districts change the way school taxes are calculated?

School districts do not individually determine how they calculate school taxes. The BCSD simply follows the rules NY State sets forth. Changing this would require a massive state-wide property tax restructure. Such a change would require support from leadership across the state including the governor and legislature.