Complaints on assessment (RP-524 form/Grievance) for commercial properties are subject to the Town’s Local Law No. 4 of 2023, entitled, “A Local Law Establishing Submittal Requirements for Tax Grievants,” whereby commercial property owners MUST submit an Income and Expense Report to the Assessor’s Office with seven (7) days of filing a Grievance.   For example, a 2023 Grievance would require calendar year 2022 income and expenses.

It is EXTREMELY IMPORTANT to note that in the event that an income and expense statement is not filed, a penalty of three percent (3%) of the assessed value will be levied against the property.