Scarsdale Officials Clarify Land Values, Tax Bills

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The village of Scarsdale has issued a clarification in regard to property values and tax bills.
The village of Scarsdale has issued a clarification in regard to property values and tax bills. Photo Credit: File Photo

SCARSDALE, N.Y. -- The village has issued a clarification in regard to property values and tax bills. 

Village officials said, "Some residents are confusing the county April 2014; the village July 2014 and the school September 2014 tax bills with the revaluation that is now nearing completion," according to a release from the village. 

Officials want residents to know that "the county April 2014; village July 2014 and school September 2014 tax bills are taxes for the county January 2014 fiscal year; the village 2014-2015 fiscal year and the school July 2014-2015 fiscal year," according to the release. The bills are based on property values as of July 1, 2013.

"It is too late to file a grievance on the July 2013 value and the 2014 tax bills," village representatives said. "These 2014 tax bills have nothing to do with new 2014 values that are being updated for your property with the revaluation project currently in progress."

Officials said residents should know that the property revaluation for the new values will value property as of July 2014, according to the release.

"The new values will apply to the county April 2015 tax bill; the village July 2015 tax bill and the school September 2015 tax bill," officials said. "Residents that have questions about the July 2014 value, which will eventually be applied to their county April 2015; village July 2015 and school September 2015 tax bills can discuss their questions with the revaluation company, Tyler Technologies, that the village retained to establish the new values."

Residents are asked to call 722-1324 and schedule an appointment. 

"If after the informal meeting with representatives from Tyler Technologies about the new value (that is the July 2014 value), a property owner still has an issue with the new value, i.e., July 2014 value, then a formal grievance can be filed with the village’s Board of Assessment Review between June 1, 2014, and June 17, 2014. The grievance can be filed at the assessor’s office and the Board of Assessment Review will hear the grievance during that time period," officials said in the release. 

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Real Estate Professional

With the lack of transparency being shown in how the Village of Scarsdale and Tyler Technologies' revaluation figures resulted in putting such a high increase on specifically the land value in Scarsdale, the following is something Scarsdale residents might want to consider. Residents can obtain through the Scarsdale Village Hall public records under the Freedom of Information Law (FOIL), how many homes were sold in 2013 to builders for demolishing and rebuilding vs. homes sold to private individuals for intent of living in existing homes.

So the challenge with the records is that you cannot tell what the outcome is on most of the homes demolished. However, here is a total (keeping in mind some homes appear twice for demo and rebuild):
Demo and rebuild = 3 / Demo only = 21 / Partial demo (no rebuild) = 6

It is probably a fair assumption that the 21 demolished will eventually receive a permit for a rebuilding. So let’s say 24 in total for 2013. The records list all the sales which total 382 (some appear twice so they were only counted as once). The tricky part is that there is carryover in years. So for the list of demo’s for 2013, only a portion show as purchased in 2013 as they could have been purchased in 2012 and the permits filed in 2013. Likewise there are probably builders purchasing homes on the list in 2013 that the permit requests will appear in 2014
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But allowing for assuming the same carryover from year to year, it could be said that of 382 sales, 24 were for the intent of demolishing and rebuilding. This represents 6.3% of the sales in 2013. So the question begs, how can the town and Tyler Technologies place so much weight on the land portion of the assessment that is driven by builders’ intent to demolish homes when this represents only 6% of homes sold in Scarsdale? Put another way, with 94% of homes sold to private individuals for the intent of living in the existing homes, then it appears necessary to assume this is the likely buyer demographic and the assessments should be made with more weighting on the home and less on the land given the intent to live in and retain the home.

yeah, that really helps clear things up.