MANCHESTER – Several upcoming meetings will be held to explain to residents the ins and outs of the township-wide reassessment.
A reassessment is performed when a town’s total assessments are off from the fair market rate. Your property has a certain assessment that stays the same. When the market fluctuates, you eventually wind up paying too little or too much in taxes.
The town’s tax assessor, Martin Lynch, said that the new values would be completed by tax year 2020. Inspectors have started to come around town to get fair assessments of every property.
A reassessment does not necessarily mean an increase in taxes for every homeowner, he said. Some tax bills will go up, and some will stay the same, but some will go down.
Meetings have been scheduled to provide information to residents about the process:
- Manchester Municipal Building: May 23, 6:30 p.m.
- Whiting Firehouse: May 24, 6:30 p.m.
- Leisure Knoll Clubhouse: June 13, 10 a.m.
- Country Walk of Lake Ridge Clubhouse: June 19, 7:30 p.m.
- Leisure Village West: June 20, 1 p.m.
- Crestwood Village Six Clubhouse: July 11, 1 p.m.
- Leisure Ridge Clubhouse: July 12, 7 p.m.
If any resident should have a question or concern related to the reassessment, they should contact the Tax Assessor’s office at 732-657-8121.