What happens when you receive a judgment from the tax board, either at the town level, the county level, or the state level? When the board decides that your assessment is unreasonably assessed, it will recommend a reduction in your assessment. That information is then forwarded to the respective towns where your property is situated. If the tax rate remains the same as it was the prior year, your property taxes will be reduced to the degree that your property’s assessed value is reduced.
So when do you receive your judgment? In a typical tax year, you will have your hearing in June, July, or August of the tax year. After your hearing is competed, you typically have to wait until the fourth quarter, which starts in October, for your new assessment – if the assessment has been changed – to be applied toward your property.

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