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Town board to discuss 5 year reassessment phase in with NYS Tuesday at 9:30 AM
Release Date: March 25, 2016

TOWN BOARD TO DISCUSS 5 YEAR PHASE IN OPTION WITH A REPRESENTATIVE OF NEW YORK STATE OFFICE OF REAL PROPERTY TAX SERVICES THIS TUESDAY AT 9:30 AM
OUR MEETINGS ARE TELEVISED AND STREAMED LIVE ON THE WEB: www.greenburghny.com 

 

As you know the Town is conducting a Town Wide Reassessment.  Some property owners have expressed concern about increases in their assessments.  At the last Town Board meeting, a suggestion was made that the Town Board consider Section 1904 of the New York State Real Property Tax Law which allows a municipality to phase in the new 2016 assessments over a five year period.  The Town Board will be meeting on Tuesday, March 29th, at 9:30am to discuss Section 1904 of the New York State Real Property Tax Law.  The public is invited to attend.

 

If the Town Board adopts Section 1904, it requires assessment increases as well as assessment decreases to both be phased in over 5 years, instead of immediately.

 

The Town has requested our New York State Office of Real Property Tax Service Representative and others to be in attendance on Tuesday to participate with the discussion.  If the Town is to adopt Section 1904, it must do so by adopting a local law no later than May 2, 2016, after holding a public hearing. Therefore, the Town Board, on Tuesday, March 29th, will introduce a local law and schedule a public hearing on April 13th, the Town Board’s next regularly scheduled meeting.  Your comments and concerns are welcome at the April 13th public hearing. 

 

In the interim, the Town continues to gather information regarding Section 1904 and looks forward to your comments in order for us to make an informed decision in the best interest of our taxpayers.

 

Inasmuch as this meeting is being held in the daytime - if you have any questions you would like the Town Board to ask the representative of the New York State Office of Real Property Tax Services - please e mail town board@greenburghny.com.

 

We are also planning to discuss other mitigation initiatives that could help ease the impact that reassessment is going to have on some property owners.   PAUL FEINER




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