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Revaluations bring fairness

February 25, 2014

The city of Johnstown is considering a property revaluation. The city’s equalization rate has fallen to 73 percent, which isn’t the lowest in Fulton County but is still in need of improvement....

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(13)

MrBoB51

Feb-26-14 10:34 AM

Serendipity Hill...It's already started, think New Amsterdam, new rules. You, me, laker and a few others who are sometimes on different pages seem to be in agreement on this one and I bet a whole lot of others will be soon.

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Hilltopper

Feb-26-14 9:00 AM

The only hope for property taxpayers is to pay lobbyists or to file a lawsuit through the court system. Either way, the first step is to organize on the state level and I see no such effort.

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laker88

Feb-26-14 7:37 AM

Agree Bob and Scarecrow...the "doctrine of fairness" does not apply to property owners. As an example, our politicians pathetically attempt to deal with "problems" in education, yet they consistently ignore the root of the problem...the unjust funding through property taxes.

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MrBoB51

Feb-26-14 6:36 AM

"reevaluations bring fairness"...To whom does this bring 'fairness' when ONLY Property owners are taxed in order to support the entire Town?? This isn't the 1700's anymore and we are not Colonists. I can't speak for anyone else but I believe its time for EVERY adult Citizen, not just homeowners, to pay the same (flat?)rate of taxation. Those on welfare will have that percentage deducted from their 'bennies'. Same goes for School Taxes... everybody's in or everybody's out, no more indiscriminate use of the Property Owner as an ATM.

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Hilltopper

Feb-25-14 5:47 PM

Town of Amterdam hasn't had a revaluation in about 60 years.

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Hilltopper

Feb-25-14 5:31 PM

A third go up, a third go down, and a third stay the same. It's the best way of administering a system of taxation that discriminates against property owners. It (re-val) will turn up parcels that have been untaxed for years. Property value is determined by what a willing buyer has paid a willing seller for a similar parcel. What skews the entire process is exemptions. Town of Mohawk has 23000 acres, 11500 acres, half the entire town, get an agricultural exemption. It drives up the tax rate on residential properties for me and you BoB.

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MrBoB51

Feb-25-14 3:03 PM

We went through this a few years ago in The Town of Mohawk. My property nearly doubled in value ( skrewed again, now I REALLY can't sell it) but my Property Taxes stayed the same...magic?

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Scarecrow57

Feb-25-14 2:40 PM

Annarondac - The problem is the house is valued at that by whose judgement? Property value is highly subjective, not the least bit objective.

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grant18

Feb-25-14 1:04 PM

This editorial is completely wrong in confusing "equalization rates" with "incorrect assessments." The sole purpose of having equalization rates is to have properties in different communities whose "true" (real) value is identical from paying different taxes to a higher or cross-boundary (school district, for example) government because their "assessed" value is different. Poor assessing practice within a single unit of government is an entirely different issue.

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Annarondac

Feb-25-14 12:52 PM

If you have two houses side by side, both worth $98,000, one is assessed for $50,00 and the other is assessed for $98,000, you think it's fair for the owner pays about 50% less in taxes than the one assessed at full value?

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Scarecrow57

Feb-25-14 12:35 PM

There is nothing fair about the assessment process and property taxes. We now live in the 21st century. No reason not to go to an income tax based system.

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Gofigure

Feb-25-14 12:21 PM

Fairness is just another excuse to screw more money out of city home owners. Johnstown is a nice place to love for people who can afford not to live in Gloversville, but you're gonna pay.

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mrshubbs

Feb-25-14 12:02 PM

We went thru this back when they hired that rinky*****outfit that employed local out of work republicans to snoop around and raise everybody's rates. They did and we moved out of Johnstown. Good luck folks.

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