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Town Assessor
Contact:
| Barbara Galloway
Assessor
| Address:
| Town of Marbletown
P.O. Box 217
Stone Ridge, NY 12484
| Telephone:
| (845) 687-9523
| FAX:
| (845) 687-7356
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Assessor Staff
| NAME
| TITLE
| Kathy Steinhilber
| Assessor Aide/Clerk
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 | Welcome!
The Assessor's Office welcomes your inquiries regarding assessment and real property issues. The records of assessments and inventory are open to the public, and may be inspected at the office during regular business hours. We are open Monday - Friday, 8:30 a.m. to 4:30 p.m. and appointments are available upon request.
Functions of the Assessor's Office
The assessor is the official who estimates the market value of real property within the town. This assessment, or market value, is one component used in the computation of real property taxes.
Assessments are based on an analysis of sales of properties within the town. A comparable study of these sales is carefully analyzed to determine value factors for each attribute of the property, and these values are then applied to all properties for a fair and equitable assessment. The purpose of implementing this analysis periodically is to assure that property owners are paying their fair share of the tax burden.
Assessment offices are also responsible for the administration of many different types of real property exemption programs that can offer some tax relief when specific requirements are met. More information on such exemptions can be accessed through the links found below.
Tax maps, recorded deeds, property inventory, and other reference materials are available in the assessor's office and may be reviewed by the public upon request.
New York State law requires that all property within a municipality be assessed at a uniform percent of value. The last town-wide reassessment was implemented in 2005, reflecting 100% of market value. As the market changes, so does this ratio of assessments to ratios. This is called the Level of Assessment (LOA). The 2009 LOA was 95.70%, meaning that, in general, properties were assessed at approximately 95.70% of their full market value. (Ex: An assessment of $200,000 indicates that the market value was $208,986). The current 2010 LOA is 100%. (Ex.: An assessment of $200,000 indicates that the market value is $200,000 or a general decrease in market value of 4.3%) The Level of Assessment is another way to capture changes in the market between reassessment cycles. Essentially, the 100% LOA is saying that the market, in general, dropped approximately 4.3% in this last year. The next reassessment has not been scheduled at this time, but it is possible that such a project may be expected to be implemented in either 2012 or 2013. Since the recent real estate market has fluctuated in a very inconsistent manner in this last year to year and a half, it isn’t considered a reliable sales database upon which to measure the fair assessment of all properties in the Town. It is always important to ensure equity along with relativity to market values. Everyone pays his or her fair share of taxes when all properties are assessed at the same percentage of market value.
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Last Updated: Thursday, February 9, 2006
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