$$$ REVAL $$$Update: Based on the latest discussion about re-assessments on the PILOT thread on analysis provided for a long time reformer I have bumped this up to direct that conversation here. Under my previous commenting system it had generated interest but alas I am starting afresh. This discussion thread that has been created to allow readers to chime in how they feel about re-evaulations in Hoboken.
There has been much talk lately about the impact of a re-evaluation of all of Hoboken's properties for the purposes of more evenly distributed taxation of those properties. The last time one was done was 1988. Here are some leading questions to get the topic going:
- Is Hoboken long overdue for a REVAL of all of its properties?
- Was politics behind waiting over 20 years to do another reval. (i.e. protect the status-quo)
- Contrarian view- Why do a reval.? It won't solve our spending problems and could lead to litigation.
- The way condos have been assessed, has that been fair in relation to valuations of single family homes?
- Will many people be forced to move or will the reval. hurt 1/3, leave 1/3 unaffected, and help 1/3 with the changes in valuations?
- Is it best to do it all in one shot or to do a rolling one as suggested by 30-day Mayor Peter Cammarano in his last great debate performance vs. Dawn Zimmer?
- How bad are the discrepancies in your opinion overall.
The tax maps are the next step to complete before the revaluation can start. ◦
