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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.

Note: Comments are screened, and in some cases edited, before posting. We reserve the right to reject anything we find objectionable.

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

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