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,
Property owners should annually review their property assessment. Depending on how your municipality assesses property, whether at full market value or at a fraction of
The assessor is typically an appointed official in each municipality and is obligated by New York State law to maintain assessments at a uniform percentage
By F. Cindy Baire, Member, GAR Associates If your municipality is conducting a reassessment project, your property assessment (current market value) may increase however your
Tax rates are calculated by local jurisdictions which determine tax rates. The taxing jurisdiction (school district, municipality, county, special district, villages) develops and adopts a budget. It then determines the amount of revenue collected from all sources (state aid, sales tax revenue, user fees, etc.) other than the property tax.
