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IN THE NEWS:<\/strong><\/p>\n Town Assessor Edye McCarthy is preparing a Request for Proposals<\/a> to solicit bids for outside corporations to conduct the townwide revaluation, which will cover both unincorporated Greenburgh and its surrounding villages. A bidder will be chosen by October and the reassessment will take two and a half years to complete, McCarthy said.<\/p>\n Greenburgh averages roughly 3,000 property assessment appeals every year \u2014 combine that with the Board of Assessment Review’s reductions, certiorari and small-claims settlements, and the refunds amount to $10 million within Greenburgh for its taxing jurisdictions, McCarthy said. It’s too premature to say how a reassessment will affect Greenburgh taxpayers, but a revaluation will illuminate property inequities in the community, she added.<\/p>\n “There’s no way to tell what the impacts of taxes are going to be,” McCarthy said. “With the town promoting a townwide reassessment, it will create equity among taxpayers.”<\/p>\n Town Supervisor Paul Feiner pushed for a town reassessment after the Westchester County Executive office revealed in December<\/a> that differences in property value assessments created a higher tax levy for 11 towns in 2013 and a lower levy for 14 towns. Greenburgh’s tax levy increased by 2.1 percent even though the county budget’s property tax levy did not change.<\/p>\n “A reassessment would stop the bleeding,” Feiner said. “I would have preferred a countywide reassessment, but now we’re going to do it on our own.”<\/p>\n County legislators have weighed the idea of mandating a countywide reassessment every four years, and Assembly member Tom Abinanti (D-Greenburgh) introduced the Homeowners Relief Act in 2011 to\u00a0 spearhead countywide revaluation by incentivizing local assessors to reassess properties using uniform standards.<\/p>\n A similar bill was approved by the County Board and both houses of the State Legislature in 1996, but was vetoed by then-Gov. George Pataki.<\/p>\n Source: Dailyvoice.com<\/p>\n","protected":false},"excerpt":{"rendered":" IN THE NEWS: Town Assessor Edye McCarthy is preparing a Request for Proposals to solicit bids for outside corporations to conduct the townwide revaluation, which will cover both unincorporated Greenburgh and its surrounding villages. A bidder will be chosen … Continue reading