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 …
5-year property reassessment bill on way to Carney
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 …
Bill to stop school boards hiking property tax is tabled
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, …