This information has been compiled from the NY State Office of Real Property Website
1) The ASSESSOR is NOT responsible for your TAXES. The Assessor's obligation is that your assessment is close to Market Value and that Similar Properties are Similarly Assessed.
2) A Property's assessment is supposed to reflect its MARKET VALUE.
Market value is defined as how much a property would sell for, in an open market, under normal conditions, when the buyer and seller both act without undue pressure.
3) The Assessor is OBLIGATED by NY State Law to maintain assessments at Market Value.
4) If you feel your assessment is higher than its Market Value, you may discuss your disagreement with the Assessor. If you are still not satisfied, you may file a Grievance with the Board of Assessment Review. You may also go to Small Claims Assessment Review and ask a Judge to look at your Assessment.
5) Reassessments are intended to restore fairness within the community.
State law requires that assessments be kept uniform annually. The Assessor may not selectively reassess property. However, after a systematic analysis of all parcels within the town, the Assessor may Revalue only a certain property, class of property or neighborhood (i.e.: waterfront property) when it can be proven that such change brings assessments into line with those properties whose assessments go unchanged. Market trends may show that certain properties are appreciating at a higher rate.
6) Assessments do not determine how much you pay for Property Taxes.
When assessments are increased to reflect rising property values, Tax Rates should go down because the amount to be raised by taxes is distributed over a broader tax base. If Tax Rates increase, it means that Counties, Towns or Schools have increased spending.
7) TAX RATES are a Mathematical Calculation of the amount needed to be raised by taxes divided by the Taxable Assessed Value.
Town Boards, School Boards and County Legislatures create Budgets to determine the amount of tax it needs to raise. Your share of Taxes is calculated by multiplying the tax rate by your assessed value, minus exemptions.
8) If you feel your TAXES are too high, you should discuss that with the Governing Authority that is creating Budgets. The best time to express your concern is at the Public Hearings which are held during Budget creation. The Tax Collector (the individual you pay) has no control over anything in this process.
THERE IS A JUSTICE TO THE AGGRIEVED PROPERTY OWNER AND A JUSTICE DUE ALL OTHER PROPERTY OWNERS WHO WILL BE AFFECTED BY A CHANGE IN ANY ASSESSMENT