Assessment Information

March 1, 2020
July 1, 2019
Filed May 1, 2020
Held at Hope Town Hall
Filed on July 1, 2019
Other Information:
NOTICE OF COMPLETION OF TENTATIVE ASSESSMENT ROLL
(Pursuant to Section 506 and 1526 of Real Property Tax Law)
HEARING OF COMPLAINTS
Notice is hereby given that the Assessor of the Town of HOPE, County of Hamilton, State of
New York, as required by Law, has assessed the property in the Town of Hope according to its
condition and ownership the first day of March 2024 and has completed the Tentative
Assessment Roll for the current year and that a copy has been left with Jill Dunham, Town
Clerk at the Town Clerk’s Office, where it my be examined by any interested person until the
fourth Tuesday in May, 2024. The assessor will be in attendance with the tentative
assessment roll on Thursday, May 9th, 2024 between the hours of 5 PM and 9 PM, Friday,
May 10th between the hours of 5 PM and 9 PM, Monday, May 13th between the hours of
5 PM and 9 PM, and Saturday, May 18th between the hours of 1 PM and 5 PM at the Town
of WELLS Community Hall. The Board of Assessment Review will meet on Tuesday, May
28th, 2024 between the hours of 5 PM and 9 PM at the TOWN OF HOPE FIRE HALL to hear
and examine all complaints in relation to assessments, on the application of any person
believing himself to be aggrieved. Complaint forms are required to be completed and are
available at the Assessor’s office and the Town Clerk’s office. The Board of Review, according
to Law, can leave your assessment as is, or lower it.
FAQs:
Uniform Percentage of Value
The percentage of market value (full value) used by an assessing unit to establish uniform assessments. This value must appear on the tentative roll. Real Property Tax Law Section 305 specifies, "all real property in each assessing unit shall be assessed at a uniform percentage of value..."
Taxable Status Date
The ownership and physical condition of real property as of this date are assessed (valued) according to price fixed as of the valuation date. All applications for property exemptions must be filed with the assessor by this date.
Residential Assessment Ratio (RAR)
A percentage established by the State Board of Real Property Services according to law, using the ratio of assessed value to the sales price for each usable residential sale in a recent one-year period. Ratios are then listed from highest to lowest; the midpoint (median) ratio is selected as the RAR. The RAR can be used to prove that a residential property is assessed at a higher level than other homes on the assessment roll. Your locality's RAR indicates at what percent of full value residential properties are assessed. For example, a RAR of 20 indicates that residential properties are assessed at approximately 20 percent of their full value.
Equalization Rate
"State equalization rate" means the percentage of full value at which taxable real property in a county, city, town or village is assessed as determined by the state board." (RPTL Section 102) The rate is a ratio of the sum of the locally determined assessed values for all taxable parcels for a given assessment roll divided by ORPS's estimate of total full value for that same roll.
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Email:
Phone: 518-332-2685
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Printed On March 25, 2025