Lockport Union-Sun & Journal — Using this year’s school budget and tax levy, for instance, she estimated the tax rate would increase by 36 cents, to $25.75 per $1,000 of assessed value. On a home assessed at $100,000, the school tax bill would rise by $36.27 with the STAR rebate.
Trustee Anthony Molinaro, who sits on the audit committee, said approving the exemptions wasn't an easy decision to make.
"We all are related to a vet, or know a vet, but we felt that (it was) in the best interest of everyone that it be put before everybody," Molinaro said.
Coder said an official Board of Education resolution is being drawn up spelling out the exemption levels that would be offered.
If the board does decide to put the exemptions to a public vote, a proposition most likely would appear on the ballot at the May 20 annual budget vote.
And if taxpayers give their blessing, the exemptions would take effect in September 2015.Contact reporter Joe Olenick at 439-9222, ext. 6241, or follow him on Twitter @joeolenick.