WILMINGTON – City officials traveled to Legislative Hall on Tuesday to present Wilmington’s reassessment plans and recommendations to a convening of the General Assembly’s Joint Special Property Reassessment Committee.

The presentation [wilmingtonde.us9.list-manage.com] provided background on the City’s reassessment timeline and shared findings from Tyler Technology’s Mass Appraisal report [wilmingtonde.us9.list-manage.com]. The data provided in the report informed the plan announced by Mayor Carney on Thursday [wilmingtonde.us9.list-manage.com] to rectify gaps in data for the next tax year. The City plans to introduce a budget amendment on October 2 to fund:

• An interior reassessment program for residential properties

• Verification of the methodology used in assessing commercial properties

• Support for low-income homeowners undergoing the appeals process

   

City officials also laid out considerations for future property reassessments:

• Standardize rules for appeals

• Ensure that a percentage of assessments are interior

• Complete assessments one year before they are effective

• Incorporate City of Wilmington permitting data

• Ensure reassessments are conducted regularly

   

The General Assembly’s Special Property Reassessment committee is a bipartisan group from both the Delaware State Senate and Delaware State House of Representatives. This meeting represents the first in a series of hearings aimed at providing Delawareans with a transparent record of the reassessment process and recommendations for improving the process moving forward.

The Committee is scheduled to meet again on October 7, October 21, and November 4. Meetings will be livestreamed at legis.delaware.gov [wilmingtonde.us9.list-manage.com].

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