Town-wide Full Value Reassessment
2024 Update Project
As part of the Assessment Equity Update Project, the town’s assessment department has reviewed and analyzed all property assessments.
Maintaining 100% equity has many benefits. Keeping assessments current is a testament to a town’s willingness to keep assessments as equitable as possible. When assessments are analyzed yearly and adjusted accordingly to market fluctuations, discrepancies can be minimized between assessed values and actual market values. This is the major factor in ensuring that the taxes are spread equally amongst taxpayers.
Maintaining 100% equity has many benefits. Keeping assessments current is a testament to a town’s willingness to keep assessments as equitable as possible. When assessments are analyzed yearly and adjusted accordingly to market fluctuations, discrepancies can be minimized between assessed values and actual market values. This is the major factor in ensuring that the taxes are spread equally amongst taxpayers.
Another side benefit to annual reassessments is that doing so will typically equate to lower tax rates per thousand than in municipalities that do not keep assessments current. This is an added benefit to those in the annual assessment community that will help keep the amount of taxes being paid relatively stable and help offset any potential large fluctuations year over year.
If you disagree with your new Full Value Assessment: Go to: https://townofhoosick.prosgar.com to research sale and assessment data
Print an Informal Review Application. Email or Mail your completed Informal Review Application along with any supporting documentation to: Hoosick2024@gar-associates.com OR Mail: GAR Associates LLC, PO Box 378, Clifton Park, NY 12065.
***Commercial Properties: Please include rent roll, operating expenses and/or recent appraisal, if applicable, with your informal review submission. For questions or more information please call: 1-866-910-1776 NO LATER THAN March 15, 2024. PLEASE NOTE: ALL Informal Review submissions MUST be received by March 31, 2024, for consideration.