The Office of Property Assessment by Dec. 9 had mailed out 46,304 answers to owners who asked the agency to review the new market values assigned to their properties this year. The agency refused to change those numbers for 39,483, said Michael Piper, OPA’s deputy chief assessment officer.
The Board of Revision of Taxes has sent out a couple of thousand letters to property owners who are appealing their new assessments, advising them their 2014 taxes will actually be lower than they are this year. Given that fact, the BRT asks the letter’s recipients if they would consider withdrawing their assessment appeals.
City Council President Darrell L. Clarke is urging longtime owner-occupants to check their eligibility and apply for relief designed to protect them against property tax bill hikes driven by dramatic increases in surrounding property values.
You probably won’t have much luck getting a substantial city real estate tax break after Friday. Because Friday — and, yes, it is Friday the 13th — is the deadline to apply for the Homestead Exemption.
A Northeast commercial real estate owner is facing the possibility of decades in federal prison and a $1.25 million fine after a grand jury indicted him last week for removing asbestos in violation of the Clean Air Act.