Tuesday, December 03, 2013
Northampton County Seeks Lower Assessment at Wolf Building
But the property is assessed at $1.6 million, meaning it has a fair market value of $4,224,000. That's a lot higher than the $700,759, at which the property appraised.
So yesterday, Northampton County presented an assessment appeal of its own property to the Revenue Appeals Board, seeking a lower assessment for Mulligan.
Although I understand the appeal was granted, I do not know the new assessment. I will found that out and report it to you tomorrow.
There is also some question about the timing of this appeal. Because it was seeking a KOZ classification, the County missed the August 1 deadline for filing assessment appeals that would be effective in 2014. So I don't know whether the new assessment will be effective in 2014 or 2015. I will have to find that out tomorrow, too.
But it appears that KOZ or no KOZ, Mulligan is moving forward.