March 10, 2010


Meeting to detail C’ville reassessment

Final town tax rolls will be ready by July 1

Staff Reporter

CORTLANDVILLE — The town will hold a public meeting Thursday on a townwide assessment update that will be implemented this year. The meeting will be held at 7 p.m. in the meeting room of the Town Hall on Terrace Road.
The reassessment will change the assessed values of all properties in the town based on market value for the first time since 2005.
Town Assessor David Briggs recently completed a reassessment of all properties in the town for the 2010 assessment roll.
The meeting will explain the assessment process, discuss the impact of the preliminary 2010 assessments and provide property owners their options on analyzing their preliminary assessments.
Briggs said he will answer property owners’ questions about the reassessment process, but the new assessed values on properties are not available yet. He said the new values will be sent to all property owners in the town at the end of the week.
Briggs said he has been re-evaluating the values of properties in the town since June 2009.
The tentative tax roll will be completed May 1 and the final tax roll will be completed July 1, he said.
Property tax bills for the school districts in Cortlandville using the revised assessments will come out in August or September, and bills for county and town taxes will come out Jan. 1, Briggs said.
The town is doing the reassessment because its equalization rate is now at 85 percent, and a reassessment is recommended when the rate drops below 90 percent, Briggs said. Market value is 100 percent.
In 2009 the Cuyler Town Board decided to cancel its planned reassessment, and the Homer Town Board decided to delay its planned reassessment from 2010 to 2011.
Cuyler’s decision came after town residents protested the assessment changes.
Homer Town Supervisor Fred Forbes said the Homer Town Board’s reasons included market values dropping, general distrust of public officials, saving the town money and the objections to a reassessment raised by Cuyler residents.
“There’s always a concern about changing assessments, but people are aware that an assessment increase doesn’t necessarily mean a tax increase,” Briggs said.
Briggs pointed out that taxes can increase without assessments changing. Since 2005, property taxes have increased for town residents, even though their assessments have remained the same, he said.


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