New Castle County Executive Marcus Henry signed a County ordinance that extends the deadline for property owners to formally appeal their reassessed property values with the Board of Assessment Review.
The ordinance, sponsored by Councilman George Smiley, was voted on t in a special session this week with all members present voting for its passage. The ordinance officially extends the current March 14th deadline for appeals to be submitted to March 31st.
“We know the reassessment process is important and complicated, and I’m glad we could act quickly to give folks more time to gather information for their formal appeals,” said Henry. “I’m grateful for our partnership with County Council and their willingness to hold two special sessions to make sure we got this passed on time.”
Appeal forms and more details can be found on the County website. The ordinance also adjusts certain other budgetary deadlines to accommodate the extension of the appeal deadline. Information about the formal appeal process are available in a FAQ document, also available on the county website.
Residents have access to sales figures in their neighborhood of homes of comparable size and features in makng their case. Using online estimated prices for homes not sold would be hard to justify when filing an appeal.
Many homeowners have been upset with their assessment figures which came after decades of the the county not updating properties.
The reassessment came about under the terms of a Chancery Court settlement of a lawsuit claiming that school districts were not getting their fair share of property tax revenue, due to the outdated valuations.
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