A public hearing next month will consider a possible property tax reassessment in the village of Roslyn Estates.
The hearing had been scheduled for Monday’s board of trustees meeting, but Mayor Jeffrey Schwartzberg said he wanted to adjourn it until Dec. 10 to give residents affected by the recent storms time to focus on the issue.
Village taxes are based on a village assessment of its 400 homes, completed in 1931, Schwartzberg said at the meeting. He outlined the village’s options: carry on as before, with no change; conduct a new village reassessment, which would cost the village $50,000 to $60,000; or adopt Nassau County’s assessment of the homes.
“The values are so far out of whack with what I would consider reality,” Schwartzberg said. “It jumps off the page that this system [the village’s system] is seriously broken.”
A reassessment does not affect the overall amount of taxes going to the village, but it could change the portion of village taxes each homeowner pays.
“Some people are subsidizing others,” Deputy Mayor Jeffrey Lindenbaum said.
However, some members of the audience Monday night questioned the need for a reassessment, while others were concerned about the affect such a change could have on older homes that have not been reassessed for years.
The hearing will be Dec. 10 at 7:30 p.m. in Village Hall.