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Central York board previews settlements in tax-assessment appeals, warns $380,000 hit to 2025–26 revenue
Summary
Board discussion on commercial property appeals — including Kinsley Equities and the York Gallery mall — would reduce projected 2025–26 real-estate tax revenue by roughly $380,000; formal approval to be requested April 7.
The Central York School District Board of Directors heard detailed updates on two commercial tax-assessment appeals March 24 that will reduce projected real-estate tax revenue for 2025–26 by about $380,000, district staff said.
Miss Martin, a district staff member presenting the item, told the board the district reached a settlement with the owner of a commercial office building identified as Kinsley Equities. The property’s agreed market value was set at $5,100,000, producing an assessed value the parties set at $2,750,000 effective Jan. 1, 2025; that change will reduce 2025–26 real-estate tax revenue by about $26,000, Miss Martin said. The board will be asked to approve that settlement at its April 7 meeting.
Miss Martin also reviewed two parcels tied to the York Gallery and Mall. She said one parcel (the Red Robin site) would see an assessment increase that yields about $16,000 in…
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