In a recent meeting focused on the reassessment process in Lackawanna County, officials discussed the implications of property value assessments and the timeline for notifying residents. The meeting highlighted concerns about the reassessment timeline and its potential impact on local taxpayers.
A representative shared insights from a previous reassessment project in Beaver County, where a significant number of parcels were reviewed. Out of approximately 93,600 parcels, 12,000 were scheduled for informal reviews, with 81,000 residents agreeing with the assessed values. The process also included 6,000 formal appeals, all of which were resolved before the certification of values.
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Subscribe for Free However, attendees expressed anxiety over the timing of notifications regarding property values. Residents may not receive crucial information about millage rates until November or December, leaving them with only a few months to adjust their budgets before the first tax bills are issued. This tight timeline raises concerns about the ability of residents to adequately prepare for potential increases in their tax obligations.
One participant questioned whether the deadline for reassessment could be extended to allow for better financial planning. The response indicated that the reassessment timeline is largely fixed, and while local boroughs and school districts set their own millage rates, the county's office does not have control over these decisions.
The discussion underscored the challenges faced by residents during reassessment years, particularly regarding the uncertainty of tax implications. As the county moves forward with the reassessment process, the need for clear communication and timely information will be essential to help residents navigate potential changes in their tax responsibilities.