Lackawanna County reassessment ensures fair property tax for two-thirds of homeowners

In the heart of Lackawanna County, a pivotal reassessment meeting unfolded, shedding light on the upcoming changes in property taxes for local homeowners. As officials gathered to discuss the reassessment process, they emphasized a key takeaway: approximately two-thirds of property owners in the county can expect to pay the same amount or even less in property taxes once the reassessment takes effect.

The reassessment aims to ensure fairness and equity in property taxation, a goal that resonates deeply within the community. As property values fluctuate, the meeting outlined how individual tax burdens will be adjusted based on these changes. If a homeowner's property value increases less than the average for their property class, their taxes are likely to decrease. Conversely, those whose property values rise above the average may see an increase in their tax bills.

Concerns were raised about potential surprises during the reassessment, particularly regarding unpermitted improvements that might be discovered. Officials reassured attendees that thorough assessments have already been conducted on over 2,000 parcels, ensuring that all improvements—whether known or previously overlooked—are accounted for. This meticulous approach aims to create a more accurate and equitable tax system.

The meeting also detailed the phases of the reassessment process, which began with data collection in May 2022 and will continue through various stages until the final valuations are established. Property owners will soon receive tentative appraised values, prompting them to evaluate whether these figures align with their expectations. If discrepancies arise, homeowners are encouraged to engage in informal review hearings to address their concerns.

As the reassessment progresses, officials highlighted the importance of community involvement. Homeowners are urged to review their property data carefully and report any inaccuracies. This collaborative effort is designed to ensure that every resident pays their fair share, fostering a sense of community responsibility and transparency.

With the reassessment process well underway, Lackawanna County stands at a crossroads, balancing the need for accurate property valuations with the desire for fair taxation. As residents prepare for the changes ahead, the outcome of this reassessment will undoubtedly shape the financial landscape of the county for years to come.