Changes coming to the STAR property tax program: basically the state is moving toward sending a rebate check instead of giving the reduction up front. For now, this will only impact households earning $250K but the state wants to incentive other homeowners to choose the rebate approach by offering a small incentive bonus. The rebate approach means that if your mortgage bank pays your property taxes, you’ll see your monthly escrow payment increase to cover the STAR deduction amount and you’ll wait for a check from the state at the end of the year.

LOHUD Article with More.

4/3 Star Update