What's on Your Property Tax Bill — and What You Can Do About It

This page helps you understand what is on your property tax bill, when it is due, and which parts you may be able to lower. A plain-English guide to your tax bill — rates, deadlines, exemptions, and what to watch.

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Important Tax Dates You Don't Want to Miss

Penn Yan property owners receive up to three separate tax bills per year — each from a different agency, on a different schedule.

January 31

Town & County Tax Bill

Pay to: Yates County Treasurer

Town of Milo taxes + Yates County taxes for all properties

May

May Deadlines

  • Third Tuesday in May: School Budget Vote — your direct vote on the largest piece of your tax bill
  • Fourth Tuesday in May: Grievance Day — deadline to challenge your property assessment
June 1

Village Tax Bill

Pay to: Village Hall, 111 Elm Street

Village of Penn Yan taxes only (Village residents only)

October 15

School Tax Bill

Pay to: Penn Yan Central School District

Penn Yan CSD taxes for all properties in the district

Town of Milo residents outside the Village receive two bills: Town/County (January) and School (October). Village residents receive three: Village (June), Town/County (January), and School (October).

Where Your 2025 Tax Bill Goes

Your total property tax rate depends on where your property is located. Every Penn Yan area property pays the school tax. Village residents also pay the Village rate. All rates are per $1,000 of assessed value — the number on your tax bill, not what your home would sell for today.

Taxing Authority Rate per $1,000 Who Pays What It Funds
Penn Yan CSD $8.814 All properties in district Teachers, busing, sports, school buildings — usually the largest single line item
Village of Penn Yan (Milo side) $13.957 Village residents (Milo portion) Police, streets, parks, Village utilities
Village of Penn Yan (Benton side) $16.495 Village residents (Benton portion) Same as above — slightly higher rate
Yates County $4.611 All properties (Milo) Sheriff, Public Health, Social Services, county roads
Town of Milo $1.138 Town of Milo properties inside district Town roads, clerk, court, local government
Town of Milo (outside district) $2.556 Rural Milo properties Same as above — higher rate, fewer ratables
Penn Yan Library $0.341 Village and nearby properties Library operations, programs, staff
Penn Yan Fire Protection $0.376 Covered district properties Penn Yan Volunteer Fire Department

2025 Yates County Town/County Tax Rate Summary and Village Tax Rates (official documents). Yates County assessments are at 100% equalization — your assessed value should equal full market value.

Property Taxes vs. Utility Bills

Property taxes and utility bills are not the same thing. Property taxes fund local governments and the school district, while your electric, water, and sewer bills pay for the services you use and the systems that deliver them. One can go up without the other — they are two separate parts of your total cost of living in Penn Yan.

Ways to Lower Your Property Tax Bill

Several exemptions and appeal rights can reduce what you owe. Many residents qualify for programs they've never applied for.

Basic STAR

If you own and live in your home as your primary residence and meet the income rules, Basic STAR can lower the school-tax part of your bill on approximately $30,000 of your assessed value.

Enhanced STAR (Age 65+)

If you are 65 or older, own and live in your home, and meet the income limit (~$98,700 household income for 2025), Enhanced STAR gives you a bigger break on school taxes — approximately $70,000 off your assessed value.

Senior Citizens Exemption

Separate from STAR — if you are a qualifying lower-income senior homeowner, this local-option exemption can reduce the assessed value used for village, town, county, and other local taxes (not just school taxes).

Contact: Yates County Real Property Tax Services: (315) 536-5165

Veterans Exemption

If you are a qualifying veteran — especially if you served in combat or have a service-connected disability — you may be able to reduce the taxable value of your home and lower your overall bill.

Contact: Yates County Real Property Tax Services: (315) 536-5165

Agricultural Assessment

If your land is actively used as a working farm and meets state requirements, agricultural assessment can tax that land based on farm use value instead of full market value — which often lowers the bill significantly.

Contact: Yates County Real Property Tax Services: (315) 536-5165

Key Date

Grievance Day (Fourth Tuesday in May)

If you think your assessment is too high or unfair compared with similar properties, Grievance Day — the fourth Tuesday in May — is your annual deadline to formally challenge it and ask for a reduction. You can request comparable sales data via FOIL to build your case.

The School Budget Vote — Your Direct Vote on Your Biggest Bill

The school tax is usually the biggest part of a homeowner's property tax bill. It is also the one major tax line residents get to vote on directly, during the school budget vote held on the third Tuesday in May. If you want a direct say in the largest piece of your bill, that is your vote.

What to Watch: Tax Breaks, Annexation, and Who Pays

When a big project gets a tax break, the town, village, county, and school still have bills to pay. That missing tax money does not just vanish — it can mean more of the cost gets shifted onto everyone else. For homeowners, that is the question that matters most: if one property pays less, who makes up the difference?

IDA Tax Breaks & PILOTs

Economic development projects in Yates County often receive Payment in Lieu of Taxes (PILOT) agreements through the IDA — reducing or eliminating property taxes for years. During a PILOT period, some of the tax burden that would otherwise fall on that project can be shifted onto the rest of the tax base. No PILOT terms for any active Yates County project reviewed for this page have been made publicly available.

Learn more → /topics/development/route-14a

Annexation & Tax Rate Changes

If a property in the Town of Milo is annexed into the Village of Penn Yan, the property owner begins paying Village tax rates — in addition to County and School taxes. For a Town of Milo property at $165,000 assessed value, this can mean a significant increase in the annual tax bill. The Route 14A McFetridge Farm annexation proposal would shift approximately 90+ acres from Milo rates to Village rates.

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