Town of
Lake Pleasant
Assessment Information
Table Of Contents:
Contacts:
Assessor
Daniel Fyffe
2679 State Route 8 POB 799
Lake Pleasant, NY 12108
Phone: 518-548-3625 ext. 6
Fax: 518-548-3028
Website: www.hamiltoncounty.com/...s/town-assessment-rolls
The assessor is a local government official who estimates the value of real property within the town and village. This value is one component in the computation of real property tax bills. The assessor is obligated by New York state law to maintain assessments at a uniform percentage of market value each year. The assessor signs an oath to this effect when certifying the tentative assessment roll -- the document containing each property assessment. The physical description (or inventory) and value estimate of every parcel is required to be kept current.

The tentative assessment roll becomes available at the Assessor's Office May 1, and notices of changes in assessment are mailed to property owners at that time. Any person may examine his own assessment or the assessment of any other parcel. Property owners who feel that their assessments are inequitable must file a protest by Grievance Day, which is set by state law as the fourth Tuesday in May.

The final assessment roll is filed July 1st and it is on the values in this roll that taxes for the following year are apportioned. A property owner who feels that the Board of Assessment Review did not properly consider his assessment may file for a court hearing under Article 7 of Real Property Tax Law. This action must be taken within 30 days after filing of the final assessment roll. Residential property owners may pursue assessment review through a small claims procedure (Chapter 1022, Real Property Tax Law).
FAQs:
Equalization Rate
"State equalization rate" means the percentage of full value at which taxable real property in a county, city, town or village is assessed as determined by the state board." (RPTL Section 102) The rate is a ratio of the sum of the locally determined assessed values for all taxable parcels for a given assessment roll divided by ORPS's estimate of total full value for that same roll.
Residential Assessment Ratio (RAR)
A percentage established by the State Board of Real Property Services according to law, using the ratio of assessed value to the sales price for each usable residential sale in a recent one-year period. Ratios are then listed from highest to lowest; the midpoint (median) ratio is selected as the RAR. The RAR can be used to prove that a residential property is assessed at a higher level than other homes on the assessment roll. Your locality's RAR indicates at what percent of full value residential properties are assessed. For example, a RAR of 20 indicates that residential properties are assessed at approximately 20 percent of their full value.
Taxable Status Date
The ownership and physical condition of real property as of this date are assessed (valued) according to price fixed as of the valuation date. All applications for property exemptions must be filed with the assessor by this date.
Uniform Percentage of Value
The percentage of market value (full value) used by an assessing unit to establish uniform assessments. This value must appear on the tentative roll. Real Property Tax Law Section 305 specifies, "all real property in each assessing unit shall be assessed at a uniform percentage of value..."
Documents:
Assessment Roll 2018 (PDF - 840.7 KB)
Basic STAR Application (PDF - 351.2 KB)
Grievance Form (PDF - 101.9 KB)