As Scarsdale is learning, property tax reassessment doesn't hit all properties evenly. Is it the right thing to do? (poll 8225305)

As Scarsdale is learning, property tax reassessment doesn't hit all properties evenly. Is it the right thing to do?

Of course. Assessments already give some an unfair tax break that others don’t enjoy. So of course reassessment will affect some more than others.

No. It’s the politicians' fault, not the homeowners', that tax rolls are outdated. Longtime residents shouldn’t be punished for the inaction of local officials.

The tax rolls should accurately reflect property values, but it should be phased in. Doubling someone’s taxes overnight in the name of "fairness" is insane.

I don’t know. The property tax system is so convoluted and out-of-date that attempts to fix one aspect of it don’t make much sense.

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1 Comment

J. R. In Hastings - 10 years ago

In Sunday's article, a homeowner complains about her $11+ million assessment while trying to sell her property for $16.5 million. Why? If she gets her asking price her assessment should be $16.5 not $11!
Having said that, maybe the fairest method would be based on one rate for land area and an additional charge for square footage, without bothering with all the other "factors" - if you want to live in a 2,000 sq ft barn that's your business, but you'll pay the same rate as your neighbor in the fancy colonial.

As Scarsdale is learning, property tax reassessment doesn't hit all properties evenly. Is it the right thing to do?

1 Comment

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