Equalization Rate for 2024: 68%
Uniform Level of Assessment for 2024: 68%
Taxable Status Date: March 1, 2024
Valuation Date: July 1, 2023
Tentative Roll: May 1, 2024
Grievance Day: The 4th Tuesday in May (please contact the Assessor’s office)
Final Roll: July 1, 2024
Link to the 2024 Assessment Roll below:
https://www.hamiltoncounty.com/municipalities/town-assessment-rolls
Contacts:
Lynn Billings, Sole Assessor
Phone: (518)648-6479, Ext. 6
Email: Assessor@HamiltonCountyNY.gov
Office Hours at the Indian Lake Town Hall: Tuesdays 9:30am-2:30pm
Links:
Exemption Forms are available online from the Office of Real Property Services or from the Assessor’s Office.
https://www.tax.ny.gov/pit/property/exemption/index.htm
How to File for a Review of Your Assessment
https://www.tax.ny.gov/pit/property/contest/contestasmt.htm
FAQs:
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..."
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.
Real Property Tax Law contains two key timing factors in which assessment valuation is determined. They are the taxable status date and the valuation date. It is important to understand the relationship of those dates, as well as how they are applied to assessments.
Taxable status date: The taxable status of real property according to its condition and ownership as of March 1st of each year.
*Additionally, all applications for property exemptions must be filed with the assessor by this date.
Valuation date: All real property subject to taxation (that is assessed as of a March 1st taxable status date) is valued as of July 1st of the preceding year.
updated: 5/1/2024
