Albany County assessor says state panel may withhold certification over 4% cap
County Assessor Chelsie Mathews told the Board the State Board of Equalization believes the 4% residential value cap is unconstitutional and may not certify valuations unless the cap is removed; the county will await guidance from the Attorney General.
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Chelsie Mathews, Albany County Assessor, informed the Board on June 16 that the State Board of Equalization has indicated it believes the 4% cap on property tax is unconstitutional. Mathews said that if the cap is not removed from residential valuations, the State Board may refuse to certify the county's values.
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