The Town of Hyde Park is on a fiscal year that runs from July 1 to June 30. Taxes are collected in four equal installments on August 30, November 15, February 15 and May 15. If any of the first three installments are late, then interest at the rate of 1% per month is added to the unpaid balance. If any of the installments are unpaid after May 15, then the account is sent to the Town Delinquent Tax Collector. Interest at the rate of 1% for the first three months and at the rate of 1 and 1/2% after three months will be added to the unpaid balance. Also, an 8% collector's fee is added to the unpaid balance after May 15.

The 2005 property tax rate is as follows:

Municipal Rate $ 1.03

Homestead School Rate 2.0113

Non-Residential School Rate 2.1789

Total Homestead Tax Rate $ 3.0413

Total Non-Residential Tax Rate 3.2089

To determine your property tax, multiply the appropriate tax rate by your property's Grand List value ( Town's assessed value divided by 100 ).