By GAR Member Cindy Baire The Town of Mamaroneck, N.Y. (Westchester. County) conducted its first town wide reassessment project in 2013. The equalization rate prior to
Some states have laws mandating reassessment on a routine basis, either annually or cyclically (3-5 years). New York State does not have a law in
By GAR Member Cindy Baire #1. My taxes will automatically go up after a reassessment project. No. Reassessments do not raise more taxes for a community.
By David M Barnett, MAI/RSA, GAR Associates CEO/ Partner Transparency. Public Communication. Easy Access to Real Property and Tax Data. Some challenges for local governments are maintaining the highest level of transparency and easy access to public information, while creating an open environment that allows users
By F. Cindy Baire, Member, GAR Associates Assessment departments are one of the most popular departments in a municipality. This department provides vital information to
In New York State, property owners annually have the opportunity to challenge their property assessment if they believe it to be unequal or excessive. Each
In New York State, assessment offices are required to adhere to specific legal dates. For most towns and some cities, the following dates are: March 1:
There are three primary approaches to the valuation of real property: Typically, residential properties are valued based on market – current sales transactions. The cost approach
New York State Real Property Tax Law Section 305 states that all properties are to be assessed uniformly. New York does not mandate full value assessments. Therefore,