Assessing assessments
Mar 06, 2018 | 7950 views | 1 1 comments | 260 260 recommendations | email to a friend | print
Dear Editor,

Long ago, civic associations fought against 100 percent re-assessment in New York State, but it is still relevant as it affects people's lives.

The question that bothers me and the other civic leaders that fought this battle is whether the city is obeying the law? In particular, we are concerned that the part of the law that says that one, two, and three-family homes cannot pay more than 15 percent of the city's taxes.

With that sector protection, if assessments rise for some properties then assessments must be decreased for over-assessed properties, otherwise the 15 percent in the state law would be abused. Who is watching if the law is being obeyed?

It is important that individual home owners should be aware that the assessment on their home cannot be increased more than 6 percent a year and not more than 20 percent in any five-year period.


John Procida


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