Van Buren rejects CAP

"I think there could be a huge mess over there," Van Der Water said.

On the other hand, Bullis said that everything was progressing as scheduled with Lysander's assessment department.

Without the CAP agreement, Crego was concerned that Van Buren risked losing Theresa Golden to Lysander as an assessor and, in turn, losing the $5 per parcel the town currently receives for having properties assessed at 100 percent of their value.

"With the shared, you are going to be doing the same thing without the incentive," Crego said.

What is a Coordinated Assessment Program?

Joseph Moorman and Catherine Cullivan, representatives of the Office of Real Property Services, gave the Van Buren board a presentation on the benefits of the CAP program at the Nov. 20 board meeting.

The CAP is an inter-municipal effort to share the services of an assessor. According to the section 579 of the Real Property Tax Law, the CAP allows two or more municipalities with the following qualifications to enter into an agreement to become a Coordinated Assessment Program:

Located in the same county or adjoining counties

Have the same level of assessment

Have the same assessor

Section 579 requires the State Board to establish identical equalization rates for all of the assessing units in the CAP.

"It's a commitment and a lot of work," Moorman said. "Theresa Golden is committed, talented, energetic and is someone who could keep Van Buren and Lysander both in the annual assessment program."

As an incentive, participating municipalities receive a one-time payment of up to $7 per parcel per assessing unit to enter into the CAP agreement. The state funds the incentive to encourage consistency for taxing entities.

"In the interest of more efficient assessment administration, there should be more ways and opportunities to share resources and consolidate services." Moorman said.

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