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Suffolk Lowers Assessments On Some

By
Real Estate Agent with Fathom Realty

Suffolk has been embroiled with an assessment problem for a while now.  The last assessor decided to raise assessments of mostly waterfront properties and not by just a little.  It may have been the right thing to do but it cost the assessor her job.  The new assessor received over 500 appeals and dropped the assessment on 387 of them.  The lowered assesments on property in Suffolk will reduce the cities tax revenues by oer $450,000.  Most of the residents are happy but wished for bigger cuts.

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