Senior Property Tax Manager Mitch Wilson was interviewed by Kelly Powers with Delaware Online, the local USA Today Affiliate, regarding implications the active reassessment will have on school districts, commercial property owners, and homeowners alike. The article warns property owners of the sticker shock they are likely to have upon receipt of their value notices due to the amount of time that has passed between reassessments in Delaware, and also details out the implications of school district referendum changes.
As a reminder to real estate owners and investors in the area, the last Delaware reassessment took place in the 1980’s and has already undergone significant delays due to pending legistlative changes and complexities with the inevitable massive changes for those affected.
