Kim Patterson Luton of Dover got a Christmas present nobody would want: A letter detailing the new reassessment of her family’s property. The letter, which arrived in mid-December, concerned property built in 2005 and long assessed at $59,300. Under the new evaluation, her home is assessed at an eye-popping $419,300. “My husband and I are seniors and living on fixed …
After decades of no regular property assessments, all three Delaware counties likely will be required to conduct them every five years, after the current reassessment forced by a court order ends in 2025. House Bill 62, sponsored by Rep. Madinah Wilson-Anton, D-Newark, passed the Senate Tuesday. It would require counties to reassess real property values at least once every five …
A bill that would ban a local school tax increase after the statewide property reassessment is completed was tabled Wednesday in the House Educaiton Committee after a lengthy discussion. House Bill 42, sponsored by Rep. Mike Smith, R-Pike Creek, would remove the up-to-10% increase in school property taxes that current law would allow schools boards to levy. Rep. Rich Collins, …
