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Assessment appeal for Franklin Square development reduced borough tax revenue; county reassessment unlikely soon

New Freedom Borough Council · November 5, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council received an analysis showing York County Board of Assessment Appeals applied 2004 market‑value assumptions to Franklin Square parcels, producing first‑year revenue loss estimates; staff said countywide reassessment is a complex, costly undertaking and is unlikely in the near term.

Borough staff presented a parcel‑level extract for the Franklin Square development and told council the York County Board of Assessment Appeals applied market‑value assumptions tied to the county’s 2004 reassessment when resolving a developer appeal. Staff said that approach produced a first‑year revenue loss for the borough’s general tax—for example, an assessed reduction of about $3,038,400 in one parcel line…

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