The decision to do a citywide revaluation was made, and GAR Associates was hired, almost two years ago. The revaluation was supposed to happen in 2018, but because the City's previous assessor, Cheryl Kaszluga, resigned in July 2017, the Common Council passed a resolution on September 19, 2017, authorizing the mayor--then Tiffany Martin--to execute a letter of agreement with GAR Associates to postpone the reval for one year. That year is now.
When people talk about assessments and their relation to taxes owed, they like to talk about the pie and your piece of the pie. At the Common Council meeting on February 19, 2019, Dave Barnett from GAR explained, "If the total pie increases and the budget stays the same, the projected rate should go down." (You can hear what he has to say in Dan Udell's video. Barnett's discussion of "the pie" happens around 40:00.) He also noted that "the total pie is still a moving target," and, we might add, so are the budgets.
The school district budget for 2019-2020, which represents the heaviest tax burden for Hudson property owners, is now being developed. The new assessments will not affect the city and county tax levy until 2020. Those budgets for 2020 have yet to be developed, but for 2019, the city budget increased 3 percent and the county budget increased 1.7 percent. Those increases may provide some hint about possible increases for 2020. (A helpful video, which explains why the 2 percent tax cap in New York State doesn't mean your property tax bill can only increase by 2 percent annually is available here.)
Speaking to the Common Council last month, Barnett stressed that the assessment values are only preliminary and that it is their "responsibility and goal to get your value correct." Getting the value correct is a process that relies a great deal on the property owner. The month of March is the time to challenge your assessment. To prepare for that, there are a number of resources.
- Property Taxes 101--A blog post written by Sam Pratt a few years ago and republished in 2012, the last time GAR did a revaluation of property in Hudson.
- The Reassessment Process--A video prepared by GAR Associates
- The Valuation Process--A video prepared by GAR Associates
- The Informal Review Process--A video prepared by GAR Associates
- Sale and Assessment Information--Links to forms and relevant information on the City of Hudson website
- Contesting Your Property Assessment--A video prepared by the New York State Department of Taxation and Finance
- Obtain a review application--residential, commercial, or vacant land
- Research sale/assessment information to find comparable sales
- Schedule an informal review appointment (1-866-910-1776) or submit the completed review application by email (email@example.com), fax (1-855-319-8451), or mail (GAR Associates LLC, P.O. Box 378, Clifton Park, NY 12065). Requests for appointments must be made by March 15. Review applications must be submitted no later than March 29.
COPYRIGHT 2019 CAROLE OSTERINK