Date: Fri 12-Jan-1996
Date: Fri 12-Jan-1996
Publication: Bee
Author: KAAREN
Quick Words:
revaluation-appeals
Full Text:
Fewer People Than Expected Are Appealing Revaluations
B Y K AAREN V ALENTA
If the past two weeks are any indication, appeals by property owners over the
results of the 1995 revaluation appear to be less than the six percent average
in most communities.
John Valente of Lesher-Glendinning Municipal Services, the firm that was hired
to do the revaluation, said this week that he hasn't been swamped by requests
for informal hearings.
"I don't have the exact numbers, but the requests so far seem to be running
well below six percent," he said. "Many of the property owners who have
scheduled appointments so far were only looking for information or
explanations, not necessarily contesting their assessments."
"And we actually had one property owner come in who didn't feel his assessment
was high enough," he added.
Tax Assessor Mark E. DeVestern said, however, that it's really too soon to say
for sure how satisfied property owners are and whether the request for
hearings will pick up. Revaluation notices were mailed out in two batches, he
said, and last weekend's storm may have influenced the response.
A special telephone line, 270-1939, has been set up by the revaluation firm to
schedule informal hearings for property owners who believe their new
assessments do not reflect the current value of their property.
After the informal hearings, the information presented by the property owners
will be reviewed by the revaluation firm and by Mr DeVestern. The property
owners will be notified in late January or early February whether or not a
reduction has been made in their assessments.
Mr DeVestern said that when the grand list is completed, probably on January
31, the revaluation cards will be in his office and available for those
property owners who want copies. Until then, these cards, which show how the
assessments were calculated, are considered working documents and are in the
possession of the revaluation firm, Mr DeVestern said.
The grand list shows the total value of taxable property in town.
Property owners who are not satisfied by the results of their informal
hearings, may take their case to the Board of Assessment Appeals, which will
hold hearings during March. Requests for these hearings must be made, in
writing, to the board by February 20. Forms for this purpose will be available
in the assessor's office at Edmond Town Hall in early February.
Market values of property in Newtown have increased an average of 40 percent
since the last revaluation was done in 1985, according to Mr DeVestern. But
the revaluation doesn't necessarily mean that tax bills will be higher. As
assessments go up in a revaluation, the tax rate typically goes down, he said.
The current tax rate is 32 mills, or $32 for every $1,000 of assessed property
value. When the grand list is completed, the new mill rate will be determined.
