Assessment 101

The CHTA is happy to inform you that Mr. Brian Dowling, assessor for the Town of Plattsburgh, will be presenting an informational evening about assessment, how and why it’s done and how it effects our taxes.

When: March 20, 2014

Where: Cumberland Head Fire Station

Time: 7:00 PM

This evening will be for educational purposes and NOT a grievance session. Questions regarding individual assessments will not be permitted. Dues paying members of CHTA have submitted questions to Mr. Dowling which he will try to answer during his address. Some of these questions include:

  • How often do you reassess a property? Does this vary based on location, property value, or property turnover in a certain area?
  • How does the sales price of a property affect the assessed value?
  • How do renovations affect value? For example, if someone applies vinyl siding over texture 111, will the assessed value change?
  • How does lake-frontage affect total assessed value?
  • Please briefly explain the proper process to grieve assessed value. What information should someone gather?
  • What is the relationship between assessment and appraisal and how does one affect the other?
  • Why is it in the best interest of the State to have 100% assessed valuation? Is there an acceptable range?
  • Qualifying energy-conservation improvements to homes are exempt from real property taxation to the extent that the addition would increase the value of the home. The exemption includes general municipal property taxes, school district taxes, and special ad valorem taxes, but does not apply to special assessments. Eligible properties include single-family to four-family dwellings. The exemption applies directly to a variety of equipment and measures, but the statute also states that any conservation-related state or federal tax credit or deduction is also exempt from New York’s property tax under this statute. The federal energy efficiency tax credit can be applied to energy efficient central air conditioners, electric heat pump water heaters, natural gas, propane, or oil water heaters, advanced main air circulating fans, and certain biomass-fueled stoves. In addition, the state Tax Assessor’s Manual also specifically identifies solar and wind energy systems as eligible for the exemption. What paperwork needs to be filled out to qualify for the exemption? Where can someone get the paperwork?
  • Are there any legislative changes coming from Albany that could change the way assessments are done (for example, the property tax circuit breaker)?

If you are interested in knowing more about assessment please join us for an informative evening. And if you would like to submit a question for Mr. Dowling please use our Contact Page.