Board of Equalization settles final property assessment appeals
May 17, 2023
The borough completed its unprecedented mass review of all property values on the road system last week, with only seven of the initial 179 assessment appeals going to a formal hearing before the Board of Equalization.
All the other cases were resolved without a hearing. Most of the appeals succeeded in achieving some level of reduction in the appraised value — only 24 remained unchanged after appellants met with an assessor.
It had been years since the borough conducted such a comprehensive review, and the reexamination raised the overall assessed value of all buildings and land in the b...