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Bipartisan legislation sponsored by Assembly Republicans Caroline Casagrande and Declan O’Scanlon to save property taxpayers money by sharing property assessment resources countywide has been signed into law today by Governor Christie.
The legislation establishes a pilot program for counties to implement a standard software program for local tax assessors to use, which would streamline the process and give officials a more accurate tax rate while reducing costly appeals for property taxpayers. Casagrande and O’Scanlon represent Monmouth County, which is expected to be among the first counties to participate in the demonstration project.
“When every town in the county has to assess property, there is no need to reinvent the wheel several times, especially when the current process is often confusing and inaccurate for taxpayers,” Casagrande, R-Monmouth, said. “Having everyone on the same page and adjusting a few deadlines are cost-free common sense solutions that will save property taxpayers money in the long run through efficiencies and a more accurate property tax system. Municipal budgets will be based on real dollars, not guesstimates that don’t always hold up.
“Monmouth County is eager to demonstrate to New Jersey that working together will save property taxpayers money and thanks to Governor Christie, our county will get that opportunity,” Casagrande added.
The law, S-1213/A-1591, will allow a standardized process for assessments that would be used by every town in the county for all future revaluations and reassessments. The four-year pilot will be limited to four counties.
“This will be a revolutionary way to essentially fix our current, expensive, flawed assessment system,” O’Scanlon, R-Monmouth, said. “It will rework the entire process so that towns are no longer burdened with uncertainty as to the value of their tax base, facilitate remedying unfair and outdated assessments, and will obviate the need for expensive town-wide reassessments and the dramatic valuation shifts that go along with them.
“This pilot program will very likely pave the way to the future for our assessment systems throughout the state,” O’Scanlon added.
Assemblywoman Caroline Casagrande / 732-866-1695
Assemblyman Declan O’Scanlon / 732-933-1591
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