Written by George Maragos Wednesday, 10 April 2013 08:26
Home prices fluctuate annually throughout Nassau County due to market conditions. In some cases, the price fluctuations may be uneven within the same area or amongst individual homes. The annual property re-assessment process, from the creation of the tentative roll to the end of the grievance process, is intended to deliver a final roll, which is as fair as possible, and free of errors. The grievance part of the process is intended to give homeowners the opportunity to point out and correct any errors in their individual assessment.
Under recent changes, the 2012/2013 roll will be frozen for the next three years. However, homeowners can continue to file annual grievances if they are able to establish errors in assessment or establish other facts demonstrating that the assessment is incorrect, such as a change in the condition of the home, or other newly discovered facts that indicate an incorrect assessment. This freezing of the roll, together with other enhancements, such as incorporating prior homeowner settlements and resolving most grievances prior to the final roll, will progressively improve assessment fairness and will eliminate the need for the county to refund taxes paid by correcting assessments before the roll is final.
Last year approximately 102,355 homeowners (28%) appealed their property assessments. Approximately 85% of these filers received an aggregate assessment value reduction of 13%. Most of these homeowners appealed because they either had received an increase in assessment or had no change in their assessment value from their prior year during a declining real estate market. According to the Department of Assessment, the “overwhelming” majority of the grievance petitions filed for the 2012/13 tentative roll were presented and evaluated based on “comparables” (when a homeowner compares his/her property to that of a neighbor).
Homeowners can appeal personally or they can retain a representative. In 2012, individuals who self-filed received reduction settlements in 92.1% of the instances, while those that used professional representatives received reduction settlements in 84.6% of instances. Both groups were also comparable in terms of a weighted average reduction with about 9.5% for self-filers and 11.1% for those represented. Consequently, there is no significant difference in success rate between a homeowner who files a grievance personally and one who uses a professional representative.
Given the above results, the Comptroller recommends that homeowners who have NOT filed a grievance during the last two years should file to allow the County to take a second look in order to ensure that their homes are valued the same as those that have already filed their grievances. The best method to appeal is on the basis of comparing your assessment to your neighbors and on the condition of your home.
To self-file a grievance simply go to https://www.nassaucountyny.gov/wps51/portal/AROW by the dateline of May 1,2013.
Connect with Nassau County Comptroller Maragos Online: http://www.nassaucountyny.gov/agencies/Comptroller/index.html.
Saturday, 30 August 2014 00:00
There was a time when people knew what they were eating. Frozen meals, fast food chains and ingredients impossible to pronounce were non-existent. Instead, simple ingredients and meals were all made from scratch.
Joann P. Magri, owner of The Divine Olive, is keeping this way of eating alive. Offering hungry customers with a choice in quality foods and ingredients, Magri encourages customers to make their own meals. With shelves stocked full of 18-year-old vinegars straight from Modena, Italy, to extra virgin olive oils infused with various herbs and flavors, the Divine Olive features a variety of organic and vegan products, all 100 percent natural. It even has handmade spaghetti and fresh bread, which perfectly pairs with all of their other products.
Friday, 29 August 2014 00:00
It’s a cute little ‘bug.’ What it represents, however, is anything but cute.
An unusual-looking Volkswagen is toodling around Long Island this month. Painted to resemble the Asian longhorned beetle (ALB), the VW Beetle is part of efforts by the US Department of Agriculture to eliminate the pest, which can destroy 70 percent of an area’s tree canopy, according to the agency. Initially, officials held hope for complete eradication from about 23 square miles of LI designated as infested or at risk by 2016. Instead, this “landcape-altering pest” is spreading.
Thursday, 28 August 2014 00:00
It will be difficult to top the exhilaration of being crowned Nassau County Champs, but the 2014 Farmingdale Dalers will begin their defense of the title on Sept. 13 at rival Massapequa—whom they beat to claim the crown.
“The attitude is that we have to prove it again,” said Head Coach Buddy Krumenacker, who has been at the helm since 1993. “But I think we’ll be okay,” he added.
Thursday, 21 August 2014 00:00
Register now as classes fill up quickly and you don’t want to miss out on the chance to join in trapeze workshops at Eisenhower Park’s I.FLY this fall.
“I.FLY was designed to give kids and adults the ability to fulfill their dreams of being in the circus,” says instructor Anthony Rosamilia. “Flying through the air never gets boring. At I.FLY, we help people create lifelong memories.”