Property assessments drawing concern |
Written by Laura Kenyon |
Wednesday, January 21, 2009 |
Updated: 11:18 a.m. Thursday Residents seeking to discuss their assessment notices with the town's appraisal firm, J.F. Ryan, Inc., have expressed difficulties getting through on the phone, according to First Selectmen Jeb Walker. "The problem is technical," Walker said in an emergency e-mail Wednesday. "Verizon is aware of the problem and is working to repair it quickly. I understand the frustration this situation is causing." As a result of this problem, the town has extended the revaluation deadline from Thursday, January 29 to Friday, February 6. This does not affect the taxes that are due January 2009, and must be postmarked no later than Monday, February 2. "If Verizon is unable to resolve the problem on a timely basis," he continued, "I will implement additional actions to be sure every resident is accommodated."New Canaan property owners recently received new property valuation notices, as the town is mandated by the state to reassess property every five years. According to Walker, many have expressed concern that their taxes will increase as a result of the new valuations. "Higher property assessments do not necessarily mean equivalently higher taxes," he told the Advertiser in a letter to the editor Tuesday. "Property assessments determine how taxes are shared among the property owners of our community." Property tax bills are decided based on two components: The assessed value of a property and the tax rate set each year by the Board of Finance at the end of the annual budget process in May. The article was dated on January 21, 2009 and came from the New Canaan Advertiser. For addtional information go to NCAdvertiser.com |
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