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As 'Grievance Day' approaches, NYS Tax Department reminds property owners to check assessments

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Tue, May 10th 2016 10:50 am

Forms, instructions and helpful information available at www.tax.ny.gov

By the New York State Department of Taxation and Finance

The New York State Department of Taxation and Finance reminds property owners - homeowners and businesses - now is the time to review their assessments.

The deadline to challenge your property assessment, also known as "Grievance Day," is May 24 in most communities. Tentative assessment rolls, which list the assessed value of each property, are generally made public in the beginning of May. Access the rolls at your town or city website, or by visiting your local assessor's office.

"May 24 is assessment Grievance Day in most communities, and it's up to you to ensure that the market value determined for your property is accurate," said NYS Commissioner of Taxation and Finance Jerry Boone. "Don't wait for your tax bill to arrive. By then, it's too late to challenge the value assigned to your property or to ensure you're getting the exemptions you deserve."

If you believe the market value listed on the assessment roll for your property is significantly higher than the price for which the property could be sold, you have until Grievance Day to file for a review. For more information, visit the Tax Department's "Contest Your Assessment" webpage.

Your local board of assessment review will review your case based on the information you provide. When filing for assessment review, you must provide a market value estimate of your property. To support that estimate, try to provide documentation about the sale of comparable homes or property in your community. A recent appraisal can be helpful, but isn't necessary. The Tax Department's website also includes information on how to estimate the market value of your home.

Property tax exemptions on the assessment roll

Assessment rolls also list the property tax exemptions each property receives. If a homeowner applied for an exemption, and it doesn't appear on the assessment roll, he or she can use the grievance process to appeal to the local board of assessment review.

For more information

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