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Board weighs district-initiated reassessment policy and threshold that would trigger appeals
Summary
The board discussed a policy that would authorize the district to request reassessment appeals for properties whose market-value change exceeds a chosen threshold; staff presented scenarios showing how different dollar triggers would affect the number of properties and projected additional tax revenue.
The Eastern York School District board discussed adopting a district-initiated tax assessment policy that would allow the district to request reassessment appeals for properties that display a significant change in market value. Staff presented analyses of several threshold amounts and the estimated number of properties that would be flagged and the additional revenue that could result.
Staff explained the mechanics: the district would compare recent sale prices to each property’s implied market value (the assessed value adjusted by…
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