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Reader comment on:
Home Owners Up in Arms Over Assessment Letters
in response to reader comment: Sales Price Vs. Income

Submitted by Owner, Feb 1, 2007 12:18

As you know there are two limitation on the property tax increase for single family houses. Either 6% per year or 20% over five years. If you call the Department of Finance to verify the 20% limit they cannot give you an answer. E-mail questions also are not answered. This might indicate that the City's computers do not have the 20% limiation properly programed . There could be massive over charging.

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Other reader comments on this article

Comment	By	Date
Why doesn't the article mention specifically when we, up in arms homeowners, can contest these inflated assessments? Even the the... [MORE]	evelyn kossick	Feb 7, 2007 13:14
Roberta is on the money with the assessment increase facing Boerum Hill and other city residents; indeed, during the Mayor... [MORE]	Arthur	Feb 1, 2007 15:13
Arthur is massively confused if he thinks Bloomberg's property tax policy "is typical of the Republican philosophy." Bloomberg is essentially... [MORE]	Richard	Feb 2, 2007 13:09
Homes are assessed based on sales prices, which are inflated by the housing bubble. Other properties are assessed based on the... [MORE]	WT Economist	Feb 1, 2007 10:24
As you know there are two limitation on the property tax increase for single family houses. Either 6% per year...	Owner	Feb 1, 2007 12:18

Reader comment on:Home Owners Up in Arms Over Assessment Lettersin response to reader comment: Sales Price Vs. Income

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Comment on Home Owners Up in Arms Over Assessment Letters

Reader comment on:
Home Owners Up in Arms Over Assessment Letters
in response to reader comment: Sales Price Vs. Income