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BET hears assessor: 912 appeals this cycle; final grand list likely below $110,000,000

Board of Estimate and Taxation (BET) · March 25, 2026
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Summary

Assessor Miss Elliott reported 912 board of assessment hearings (760 residential, 152 commercial), noted an estimated $4.3 million reduction from appeals, and told the BET she will deliver district- and property-type breakdowns ahead of decision day; the BET unanimously accepted the report.

Assessor Miss Elliott presented the March 2026 assessor's report and said the Board of Assessment hearings concluded last Friday, with 912 total hearings — 760 residential and 152 commercial. She told the Board of Estimate and Taxation she expects the final grand list to come in under the current estimate of $110,000,000 and will provide a final number "tomorrow."

Miss Elliott provided a breakdown of outcomes from the hearings: of 760 residential appeals, 412 resulted in changes, 280 were sustained and 68 were no-shows or withdrawn; of 152 commercial appeals, notices were sent not to hear on 29 and 105 were sustained, leaving roughly 12 changed commercial hearings. She said the overall reductions from appeals were "roughly about $4,300,000."

Board members asked follow-up questions about repeat appellants, distribution of value bands (she said about 260 residential properties were valued between $1 million and $2 million and 138 between $2 million and $3 million), and the timeline for superior-court filings (do-not-hear notices trigger a two-month filing deadline to June 1). Miss Elliott said she will provide a district-by-district and property-type report to the board ahead of decision day.

After presentation and brief questions, a motion to accept the assessor's report was moved and seconded and approved by unanimous voice vote.