MOUNT VERNON, N.Y. Citywide reassessment of real property is being discussed by the Mount Vernon City Council, but the cost of doing it may put it off indefinitely.
Reassessment is when a municipality updates its tax rolls to make sure home and business owners are paying the correct amount of property taxes based on the current value. Mount Vernon hasnt done reassessment on its real property for more than 50 years, but to go forward with it would be costly, Councilman J. Yuhanna Edwards said.
We understand it has to take place because it hasnt happened in a long time, Edwards said. Well do the best we can considering that.
The long gap between reassessments is not something Mount Vernon should be proud of, said Councilman Richard Thomas. He said reassessment is worth exploring, but it has to be looked at appropriately.
There has been a lot of preliminary work of mapping for the entire county, but things got choppy when County Executive Rob Astorino came into office in 2010, Thomas said.
Resident Samuel Rivers is encouraging the city to go ahead with reassessment because some people are paying too much in taxes and others too little based on the old assessments.
The city is losing out on various taxes it should be getting, Rivers said. I know that reassessment is very unpopular, but this community is under-assessed. Some people are getting away with murder on their taxes.
According to the New York State Department of Taxation and finance, reassessment has not been done in most Westchester County municipalities for more than 35 years. Scarsdale is currently conducting its reassessment. Rye and Pelham both did reassessment last year while New Castle did it most recently in 1987 and Mount Kisco in 1978.
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