Revaluation Near?

Revaluation Near?

0.O'-> C om p , l. ' i_.i_ . c-yee r — - tfîÎÏÏV “* n i 07071 L y rtd K u r s « Minit-ed Remember when golf was a gentleman’s game? Dignified businessmen played the game around their elaborate club houses. Even the Pros who came later had class. But now we see the (ffotntnerrial 'ïïe a h e r Pros, both men and women, wear­ ing little white caps carrying advertisements. What a disap­ and SOUTH-BERGEN REVIEW pointment. Well, like the girls on Published At 251 Ridge Road, Lyndhurst. N.J. 8th Avenue, bodies are for sale. THURSDAY, AUGUST 4, 1988 Second-Class Postage Paid At Rutherford. N.J. 07070 25 cents VOL. 71 NO. 2 Subscription S8.00 - Published Weekly Revaluation near? The tax ratio in Lyndhurst is down and the Court decides that the pre­ industrial property assessment for to 47.47 which means that most sent assessment is fair, then the party 114 million dollars that was sold properties here are assessed for less making the appeal may ask that the recently for 4 million dollars. He lhan half of market value. For exam­ new ratio be applied to their assess­ said sales in other commercial prop­ ple, a home assessed at $80,000 has a ment. In that case, Lyndhurst could erties also show substantial market value today of $200,000. possibly lose a great deal of money increases. None said Lyndhurst is The shocking increase in residen­ by such appeals. In other words, it is especially fortunate in this matter tial property sales has caused tax possible that the taxes could be cut in and residential property owners assessors no end of grief because' half. would not be hurt in the same way as they are obligated by law to assess Town assessor Dom None, how­ Rutherford’s are by increased all property at 100 percent of the ever, paints a more favorable posi­ revaluation. market value and all classes tion. He claims that commercial It is expected that the Board of equitably. properties in Lyndhurst have Commissioners will discuss the pos­ The rcccnt revaluation of assess­ jumraAgreaUy in value in the last 10 sibility of revaluation in the near ments in Rutherford has caused a y e w f V t recited the case of an future. storm of protest there. Because Rutherford has a small commercial Financc Commissioner John DiLascio explained property tax ratio and industrial area, those homeow­ in the following statement ners will be forced to bear the I would like to share my view on the amount of taxes paid to the increase in the new budget. The County of Bergen and the effect the ratio applied to our assessed value J. OC MASSI AIA main factor was the increased costs ASSOCIATES, PA has upon that dollar amount (ratio represents estimated true value as of garbage collection. Salary raises AftCHtrtCT* AMO « -» W M t opposed to assessed value) and other increases caused some loc­ al taxes to jump by 20 to 50 percent. 1988 TAX YEAR Lyndhurst’s assessed value for real property: The same critical protest occurred VACANT LAND, $18,774,900; in Lconia and all other towns this RESIDENTIAL, 348,357,800; year as the result of revaluation. In COMMERCIAL, 58,461,500; fact, the protest became so violent INDUSTRIAL, 199,547,500; Squad to get building that the County Tax Administrator, APARTMENTS (over 4 fam.) 13,793,300 Dante Lcodori, has stopped mandat­ TOTAL, $638,935,000.00 ing revaluation. Until this month Mr. In 1942 a group of citizens recog­ crs has publicly expressed support $135,000 Community Develop­ The County applies a ratio of 48.13 to these properties to arrive at a Lcodori forced towns like Ruther­ nized a need that existed in the for the project. A $100,000.00 dona­ ment Grant The grant was approved true value of 1,327,519,219.00 (to this figure is added personal proper­ ford and Lconia to revalue because Township of LyndhursL The need tion from Mr. and Mrs. Larry Inser- as of July 1. The grant and donation ty and an equalized value of rtplaccment revenues which we will not the ratios dropped below 50 percent was for an ambulance squad. Thus, ra, has been made. This has made the will greatly offset the project’s deal wilh at this time) If you apply the county tax rale to this equalized Lcodori has dccidcd to allow the Lyndhursl Police First Aid project funding much easier.” May­ impact on the taxpayer’s assessment; local officials to decide whether to Squad came into being. The squad or Gagliardi has repeatedly express­ pocketbook. THE COUNTY TAX IS: $3,298,885 revalue the towns. After what hap­ members procured an ambulance ed the hope that a new facility would Architect Paul DcMassi promises If the town were to revalue these assessments it is my opinion the pened in Rutherford and Lconia it is and began the much needed scrvice boott A declining n imt mCBbat- ■ter bid doubtful that other towns will do a following would be the case: Mr— «—iWCimy. Shortly ifter Its ship. Captain Shillitani reported to by the beginning of August. “The ALL BUT THE MEADOWLANDS PROPERTY WOULD valuation. beginning, the squad was housed in a the Mayor that news of the building prospect of a new headquarters has Mayor John Gagliardi says that TRIPLE garage on a piece of township prop­ project has apparently drawn new the entire squad excited,” said Depu­ IN VALUE, TO $1,325,805.000 the danger in a new ratio is that com­ erty on Pine St. recruits. Shillitani said, “Riding ty Commissioner Walter Friedrichs; MEADOWLAND DEVELOPMENT IS $ 197,000,000 after apply­ mercial property may appeal the Today, from this simple start, the members have increased from a low “In 37 years as a riding member of ing the ratio 48.13, $409,308,123,83 present assessments that are based 30 volunteers of the Lyndhurst of 17 last summer to 30 today.” this organization, I will finally see (these proper ties could be revalued much higher thereby increasing on 100 percent of value in 1980. If Police Emergency Squad, each of Township Grantsman, Ralph Cer- the squad have a facility that it can they go to court to appeal their taxes that figure substantially.) whom work a minimum of % hours ito, reported he has procured a call its own.” TOTAL REVALUTE REAL PROPERTY, $1,735,113,123.83 a month, provide emergency medi­ THE COUNTY TAX WOULD BE: $4,311,756.11 cal and rescue services to the town­ We could be paying approximately 1.100,000.00 more in County ship's 22,000 residents. These men Ninth graders’ proficiency improves taxes. and women provide these services Adding approximately 17 tax points to our tax rate. with two ambulances, a rescue truck, School Superintendant Donald the HSPT in reading, mathematics administered the HSPT in mathema­ Unless there arc substantial changes in some of the contributory fac­ two boats and a utility truck. In 1972 Travisano said today that Lyndhurst and writing in April 1988. Of that tics because they had previously tors I would not favor a revaluation at this time. the squad was temporarily moved ninth grade students improved their number, 12 students were classified failed, were transfer students or were John DiLascio into the vacant (ire house on Dcla- High School proficiency test over Special Education (S.E.) and three classified last year. Of that number, field Ave. last year. students were Limited English Currently, a planned building is six were classified Special Educa­ In reading 97.3 passed, in 1987 95 Speaking. The lest results of those tion and one Limited English Speak­ being prepared for bid by a commit­ Copper Ridge percent passed. In Math 94.5 passed 15 students were excluded in the ing. The test resulls of those seven tee of squad members and Architect as against 93.5 last year. In writing overall results of the remaining 110 students were not included in the Paul DcMassi, whose father was a they did not do as well as last year. ninth graders. overall results of the remaining 14 charter member of the squad. The put on hold 93.6 passed while 94.2 passed last Seventeen tenth graders were tenth graders. two story brick building will occupy year. administered the HSPT in reading Nineteen tenth graders By Amy Divine for landscaping at the rear of the the site of the squad's original head­ The number of eligible students is because they had previously failed, administered the writing portion of deck. She also told the board that il quarters on Pine St. Committee Final approval of the site plan for gradually dropping. In 1986 154 were transfer students or were clas­ the HSPT because they had previ­ should request a developers agree­ Chair S. DeCarlo, Jr. stated that, “the Copper Ridge Center, the Hartz look the test in 1987 there were 139 sified last year. Of that number, ously failed, were transfer students ment as a condition of granting any squad is finally coming home." Mountain development planned for and this year 110. seven were classified Special Edu­ or were classified last year. Of that approval. Squad Captain }. Shillitani noted Rt. 17 and Polito Avenue, was post­ Students who failed the test will cation and one Limited English number, five were classified Special Several traffic lights arc projected that, “in 1974, then Mayor Anthony poned until its August 24 meeting by be given remedial programs and Speaking.

View Full Text

Details

  • File Type
    pdf
  • Upload Time
    -
  • Content Languages
    English
  • Upload User
    Anonymous/Not logged-in
  • File Pages
    22 Page
  • File Size
    -

Download

Channel Download Status
Express Download Enable

Copyright

We respect the copyrights and intellectual property rights of all users. All uploaded documents are either original works of the uploader or authorized works of the rightful owners.

  • Not to be reproduced or distributed without explicit permission.
  • Not used for commercial purposes outside of approved use cases.
  • Not used to infringe on the rights of the original creators.
  • If you believe any content infringes your copyright, please contact us immediately.

Support

For help with questions, suggestions, or problems, please contact us