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The Passaic County Board of Taxation expects to order all municipalities to undergo property revaluations within three years.
LOCAL NEWS
County Board Orders Revaluations
Passaic County - The Tax Man Cometh
From the 
Saturday, August 12, 2006
The Passaic County Board of Taxation expects to order all municipalities to undergo property revaluations within three years said Richard Mohr, board president.
Ringwood, North Haledon, Little Falls, Totowa and West Paterson will initiate the process, having received letters ordering revaluations last month. The next batch of municipalities will receive notices next summer, he said.
It has been nearly two decades since the last countywide revaluation. In 1985, the taxation board ordered all county municipalities to re-evaluate their tax base, and the process was completed between 1986 and 1992 by all municipalities except Paterson, said Mohr. Paterson is currently undergoing a revaluation and hasn't completed one since 1971.
Homeowners shouldn't assume that their tax bill will increase because their property value will be updated, said Mohr. Taxes increase across the board as municipal, school, open-space or county spending increases -- not as property values rise, he said.
Revaluations will cost each municipality at least $200,000, the minimum price charged by the state's handful of firms licensed to perform such work, he said.
The five towns are expected to begin the process by the end of the year. Revaluations take about 12 months, Mohr said, and resulting calculations will be used in 2008. New Paterson property values will be used for property tax calculations in 2007, said Mohr.
The five towns have until Sept. 4 to appeal the order, or 45 calendar days since they first received the order, he said. Little Falls will not make an appeal, said William Wilk, the borough business administrator. North Haledon and West Paterson have not yet decided whether they will appeal, borough officials said. Ringwood and Totowa officials did not return telephone calls on Thursday seeking comment.
North Haledon Mayor Randy George said he's not happy with the mandate, though he hasn't yet discussed the matter with the Borough Council. After receiving the order, George said he telephoned James Murner, the board administrator, to express reservations.
"I called up the man and said 'it doesn't mean were going to do it,'" said George.
Reach Karen Keller at 973- 569-7158 or KellerK@northjersey.com.
Copyright © 2006 North Jersey Media Group Inc.
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