HERE - Regional Efficiency Aid Program 2007
HERE - 2007 Tax Appeals
HERE To See Englewood City Council Resolution Passed on January 2, 2007
HERE - 2006 Englewood Tax Apportionment
HERE - City Reval Renewal
Gets Year's Free Pass On Reassessments
Thursday, March 9, 2006
By CAROLYN FEIBEL
ENGLEWOOD -- The city can put off its new property assessments for one
year, Mayor Michael Wildes announced Wednesday.
The Bergen County Board of Taxation ruled in favor of the postponement
after city officials argued that new ratables would come onto the tax
rolls in 2006, relieving the burden on residents, Wildes said.
The new projects include two residential developments on Palisades Avenue:
TREECO's Town Centre, a luxury rental complex, and the condominiums of
the Group USA II project.
Officials also expect added tax revenue from the Windsor Park condominium
complex south of Route 4 and a new downtown parking garage.
The city's revaluation
has already been postponed once, after it received an extension from 2002.
Homeowners started receiving new appraisal letters in February, but the
new values will now be postponed for one year.
The new revaluation showed that the city's tax base grew from $2 billion
in 1994 to $5.2 billion.
The average assessment increased 250 percent.
The new rate will be adjusted to an estimated $1.59 per $100 assessed
value, compared with the previous tax rate of $4.02.
Wildes said the inspections would not have to be done over; rather, the
assessments might be slightly adjusted according to market formulas.
Reproduced from The Record
Thursday, March 9,
by Michael J. Wildes, Mayor, City
2-10 N. Van Brunt Street
Englewood , NJ 07631
for by Friends of Michael J. Wildes, Claudia Colbert, Treasurer