05/23/2022 Assessment Community Weekly

Equalization rate update for May 1 and June 1 tentative roll munis

We've made 434 equalization rates. Please keep the following in mind:

• Watch your email: We’ll email your rate to you (and the county director) as soon as it’s made. (We’ll also post it online the following day.)
• If ORPTS accepts the LOA as the equalization rate: The rate will immediately become final. ORPTS will not issue a tentative rate, and—by law—you do not have the authority to file a rate complaint.
• If ORPTS doesn’t accept the LOA as the rate: ORPTS will establish a tentative rate and notify the assessing unit of the date on which any complaints will be heard. In addition, the assessor is required by law to provide a separate notice to the local governing body of any affected: 
  • town,
  • city,
  • village,
  • county, and
  • school district

The assessor’s notice must specify the difference in the indicated total full value estimates of the locally stated level of assessment and the tentative equalization rate for the taxable property within each affected jurisdiction listed above.

The assessor must provide this notice within ten days of the receipt of the tentative equalization rate, or within ten days of the filing of the tentative assessment roll, whichever is later.

• If you publish your tentative roll on or about June 1: Please send us your roll and post it online as soon as possible.

Income worksheets going out to some STAR credit registrants this week

This week, we’ll send income worksheets (Form RP-5300-WS) to STAR credit registrants from whom we need additional information to confirm eligibility. The worksheet is accompanied by a cover letter (Form RP-5310-WS).

If you’re contacted by a homeowner with questions about the worksheet, you are welcome to direct them to our STAR representatives at 518-457-2036.

New Judicial case

We’ve added Matter of Tower Hill 2014, LLC v Town of Amenia to New Judicial cases.