Howell Reassessment Blamed For $1.4 million Decline In Revenue

From Howell Patch:

It was because of all those successful appeals that the county ordered a recently completed assessment. “The assessment further caused a significant decline in revenue due to declining housing market values,” the email continued. “To make up this loss in revenue, the municipal tax rate needed to rise if local services were to be maintained.”

…More at Administration Responds to Tax Bill Questions – Patch.com

email

Similar Articles

Assessing Your Assessemen... Fair to say,  if you are living in New Jersey, you are probably paying more property taxes than you should. The National Taxpayers Union, in fact, estimates
Princeton U Settles Tax D... Princeton University has agreed to pay $18.2 million over the next several years to settle claims brought by a group of local residents that the university was
Entering the Combat Zone ...   MyCentralJersey.com Assessment appeals — the hearing MyCentralJersey.com We've concluded that it is worth pursuing the appeal and are going forward. We filed our notice with the
Tax Bill Appeals Take Ris... By Jack Healy Published: July 4, 2009 Homeowners across the country are challenging their property tax bills in droves as the value of their homes drop, threatening
Appeals In Garden State K... Used to be tax appeals by homeowner’s were a minority. No more. Each year tax assessors find themselves with an increasing number of appeals, as homeowner’s continue
Opt-Out For Towns Using P...   Asbury Park Press Monmouth Tax Board: Towns can opt out of pilot program Asbury Park Press For towns that stay in the pilot program, the Tax
Annual New Jersey Tax Ass... Sоmе Nеw Jersey towns аrе starting tо reassess thеіr tax bases оn аn annual basis іnѕtеаd оf еvеrу fіvе оr 10 years. “You hаvе tо dо а
Fairlawn Tax Appeals Trig... From The Fair Lawn Patch: To combat the dramatic increase in the number of tax appeals being lost by the borough in recent years, a reassessment, which
Hurricane Sandy Victims C...     From New Jersey 101.5: Hurricane Ravaged Homes Could Mean Tax Assessment Reduction [AUDIO] New Jersey 101.5 FM Radio If your home suffered significant damage or
Filing Delay Costs Bergen... A property owner attempted to file a tax appeal for the 2010 tax year with the Bergen County Board of Taxation on the April 1st filing deadline.
Westfield And Other NJ To... Fоr thе fіrѕt time іn 40 years, thе N.J. Division оf Taxation ѕауѕ it’s forcing towns tо bеgіn property tax revaluations bесаuѕе thеу hаvе bееn delinquent іn