Can the Property Tax Be Fixed?
What Finance Has Done To Date
•Explained to Owners Exactly How Finance Estimated Market Value
–Published Guidelines Assessors Use to Value Property
–Provide Most Owners with Notice of Value Describing
Method Finance Used to Value
Property
–Provided Cooperative and Condominium Owners with
Residential Rental Building Used for
Comparable Rent
–Provide Condominium Owners with Information About How We
Determined Value for Individual
Unit
•Lowered Assessment Ratio for Small Homes to Reduce Inequities
•Sales Prices Public
•Tax Bills Easier to Understand
•Allowed More Owners to Pay Quarterly