The Town Assessor is a State Certified independent government official with the responsibility for fair distribution of the Tax Burden by producing an equitable Roll of all real property.
The Office of the Assessor is regulated in NYS by the Real Property Tax Law (RPTL) totaling 4 volumes of Legislation – over 2100 pages, 700 additional pages of Exemption regulation and 10 volumes of Opinions of Counsel.
Assessors are educated in finance, statistics, economics, mathematics, and computer science. They have backgrounds in appraisal technologies, real estate practices, zoning and planning disciplines and general business management.
The Assessors fundamental responsibility is to determine taxability and market value of all municipal property using a uniform standard of assessment to aid the computation of real property tax.
. Maintain 34,000 property data records – inventory, ownership, deeds, sales
. Apply/Approve 25,000 property Exemptions – over 200 variations…
. Notifications – 10,000 regular annual mailings and determinations
. Analyze, Record all Town Property Sales (RP-5217) Reports and monitor LOA
. Review all Building Permits, Zoning and Planning applications, IDA petitions
. Grievance Representation – Informal Hearings, Small Claims Court, Certiorari Matters
. Provide constituent taxpayer support for valuation/exemption determinations
. Conduct property Inspections, update Maps, Photo exhibits, B.Prints Review
. Trend Analysis on market fluctuations and Neighborhood Boundary estimates
. Statistical valuation Projections, NYS and Local Government Reporting
. Consult with dependent taxing jurisdictions – School, County, NYS, Fire District
. Town Board meetings – provide Assessment documentation, current affairs
. Attend Assessor Association Meetings, Attend Continuing Ed at Cornell Un.
. Hold Public Information meetings and conduct taxpayer seminars
. Maintain a Board of Assessment Review and provide Roll/Valuation data
. Manage an Assessor’s Department with Clerks, Appraisers and IT contractors
. Create Brochures, Publications, News Releases for Assessment understanding
. Support a 100% Town Equalization Rate and the Assessment Process Calendar
Property Assessment REVALUATION Reviews
NYS Real Property Law (RPTL) requires the Town of Greece to maintain up-to-date assessment records and maintain a uniform percentage of value. NYS Aid is awarded to Towns that keep their Assessments at Full Market Value. The Greece Equalization Rate is 100% of market value.
When is Real Property Valued for Assessment
Towns perform re-assessments annually because real estate markets (and Market Values) are in a constant state of change. Assessments might change from one year to the next because market values might change from one year to the next.
NYS Tax Law RPTL Section 301 states that “all real property be assessed as of March 1 of each year (Taxable Status Date), of the preceding July 1 (Valuation Day).
The 2020 Assessment Roll is based upon the real estate market of July 1, 2019. By Law, COVID issues cannot be considered in 2020 year’s assessment. If COVID-19 adversely affects our real estate markets as of March 1, 2021 for a July 1, 2020 valuation, then we will make the necessary adjustments to the 2021 Assessment Roll.
How Property Valuation Works
Assessors determine Market Value, which is what a property would sell for in an open market under normal conditions by comparisons to similar property that recently sold. Then the cost to replace a property less depreciation, plus land value is considered. Finally, the income/rent a property could generate less expenses also adds to a value opinion. Computer assisted mass appraisals or (CAMA) programs are efficient valuation techniques frequently used as well.
Will Reassessment Increase My Taxes
A change in property assessment does not necessarily mean that taxes will change. Tax liability is affected by several factors, including: Changes to School, County, Fire Districts, or Town Budgets, Changes to Exemptions, Growth of the Commercial or Residential Sectors, State or Federal Grants, Municipal Enterprise Income, Apportionment of School and County Taxes, and the good fiscal management of Town Officials.
The Tax Bill is the result of both a Budget and an Assessment.
Budgets determine “how much.”
Assessments determine “how” taxes will be divided/shared.
Refer to the Assessment Review/Grievance Process Information page
Assessment Review/Grievance Process
Annual reassessment guarantee’s that you pay no more than is required
Please “click” on the appropriate Form(s).
All property owners have the right to a review of their property assessment.
Process available to challenge assessments:
Call or Email or Write the Assessor’s Office to schedule an appointment.
Informal Hearings held annually from January to March.
Complete the “Residential or Commercial Property Review Form”
Formal BAR Grievance Hearing
Submit completed Form and request a BAR hearing or paper review
File after May 1st up to (no later than) the fourth Tuesday of May
Form RP-524 is on-line above with instructions, or at www.tax.ny.gov
Determinations after Hearings are delivered by Mail to claimant
Small Claims Court
Judicial review by State Supreme Court available if dissatisfied with BAR decision
Form RPTL-730 is available on-line at www.tax.ny.gov or the Assessor’s Office
Must be filed (5 filing places) within 30 days of Roll Publication, with Fee of $30
The Assessor’s Office is available to answer questions or provide further information.
Comparable Sale Comparisons
. view: 2020 Historical Sales Data
. view: View 2020 Final Assessment Roll
. view: www.tax.ny.gov