Does the year associated with the Overlapping Real Property Tax tables refer to fiscal year or assessment roll year?
• The year refers to the fiscal year for which each locality’s tax was levied, identified by the calendar year in which it ends. Different local governments may have different endings of their fiscal years. For example, the fiscal years of all counties, towns and fire districts are calendar years, and end December 31st. Most villages have fiscal years ending May 31st, but there are exceptions. Most cities have fiscal years ending December 31st, but, again, there are exceptions, most notably the Big 5 cities (Buffalo, Syracuse, Rochester, Yonkers, and New York City). All school districts have fiscal years ending June 30th. • By contrast, the New York State Office of Real Property Services identifies data according to the year in which the assessment roll used for the levy of taxes is established, not by the fiscal year for which taxes are imposed. The assessment roll year is generally the year prior to the fiscal year or tax levy year.
