NEW YORK STATE DEPARTMENT OF TAXATION & FINANCE OFFICE OF REAL PROPERTY
TAX SERVICES INSTRUCTIONS FOR APPLICATION
FOR LOCAL GOVERNMENT EXEMPTION IMPACT REPORT
(Real Property Tax Law Section 495)
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Chapter 258 of the Laws of 2008 added Section 495 to the Real Property Tax Law requiring counties, cities, towns, villages and school districts to attach to their tentative/preliminary budgets an exemption report. The measure is effective October 5, 2008 and applies to budgets for fiscal years commencing on and after that date.
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Notice of the report is required to be included in any notice of the preparation of the budget otherwise required by law. Also, the report is required to be posted on any bulletin board maintained by the budgeting authority for public notices and on any website maintained by the budgeting authority. In addition to being attached to the tentative/preliminary budget, the report also will be part of the final budget.
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The exemption report is required to show how much of the total assessed value on the final assessment roll used in that budgetary process is exempt from taxation. (Due to the timing of school district budgeting, school districts may need to use the latest final assessment roll).
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IMPORTANT DOCUMENTS
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ABOUT PILOT (Payment In Lieu Of Taxes) FORMS
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Chapter 258 of the Laws of 2008 added a new section 495 to the Real Property Tax Law. Counties, cities, towns, villages, and school districts now have to attach an exemption and Payment in Lieu of Taxes (PILOT) report to their tentative/preliminary budgets.
The links above allow you to download an example exemption report as produced from the latest final assessment roll. (2025 Gouverneur Summary & 2025 Gouverneur Detail)
The PILOT payments report is what your town receives from the various exempt properties in your town. We cannot programmatically generate this report because there is no data on the assessor’s file that relates to PILOT payments. Therefore, you can download a blank form for your use, RP-495 PILOT Form.
If your town does not have any PILOT payments, please mark N/A across the form and attach it to your budget.
You may also download an Excel spreadsheet version of the PILOT payment form (RP-495 PILOT Form) that you can fill-in on the computer if you wish.