An explanation of property reassessment

NORTH EAST ­— After an evening rain storm on Thursday, June 24, a small group gathered at the NorthEast-Millerton Library Annex to take in a presentation on property reassessment. Katherine Johnson, assessor for the town of North East, introduced Deborah Whitton of Equitable Assessments in Glenham, N.Y. Whitton proceeded to explain, with the help of a PowerPoint slideshow, the complexities and nuances of municipal reassessment.

Those who attended the meeting included about 10 members of the public, and several county and town officials. There was an array of detailed informational handouts available, covering the reasons for reassessment, agricultural assessments, myths and misunderstandings about property taxes and a helpful chart illustrating the differences between assessments and taxes.

Whitton emphasized that property appraisal, key to accurate assessment, is a multi-pronged process.

“Good data is key to good valuation,†she said. “Good data results in a more accurate assessment.â€

Data mailers will be sent out to property owners on Thursday,  July 15, and following their return the data will be analyzed. Field reviews will take place in December 2010 and January 2011. Then, on Friday, Feb. 15, 2011, disclosure letters will go out revealing tentative assessments. The tentative assessment roll will be filed by May 1, 2011 (the state’s deadline for the tentative roll), and Wednesday, May 25, 2011, will be a grievance day for any property owners to dispute their tentative assessments.

Asked by a member of the public if her firm would visit every property, Whitton said they would utilize a combination of aerial maps, property record cards and property visits to complete their appraisals. Currently, 119 (6 percent) of the properties in town are exempt; 1,141 are residential; 154 are rated as farm/agricultural; 123 are commercial or industrial and 360 are vacant.

“We can’t predict the roll value now,†Whitton said. “Tax levies still have to be set. There are many factors that will affect the final outcome.â€

Town Supervisor Dave Sherman voiced concern about the section of town which is in the Pine Plains school district. He noted that last time, the taxes in that area nearly doubled. Whitton said that at the time of the next public meeting, they may have a better idea of the full market value of all sections of the town.

Sherman also asked about the effects of county tax increases. Whitton and the county officials present noted that since it’s a shared tax, it’s tough to determine the total effect until all the data is in. Even one municipality changing affects all in the county. It’s not predictable, and it’s distributed among 22 county municipalities.

For more information, Whitton may be reached at Equitable Assessments, PO Box 214, Glenham, NY, 12527, 845-392-4072. Assessor Katherine Johnson may be reached at 518-789-3663 or at ne.assessor@fairpoint.net.

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