Officials warn state cuts to assessment backfill will hurt county revenue
Speakers said the state reduced assessment rates for some property classes and indicated the state will not backfill the lost revenue for 2027, leaving counties to absorb a roughly 10% reduction in that assessment base.
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A staff member told colleagues that the state has lowered assessment rates for several property classes (commercial, industrial, vacant) and that the state previously provided a backfill in 2024 (cited as about $230,000), but that for 2027 the state plans to reduce assessment values by roughly 10 percent and — reportedly — will not backfill the lost revenue.
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