As 2022 yields to 2023, we at Maidenbaum want to wish you and yours a warm and happy Holiday Season and great New Year.
We’d also like to take this opportunity to advise you about a notice you will soon receive by mail from the Nassau County Department of Assessment in January 2023: your property’s Notice of Tentative Assessed Value for the 2024/25 tax year.
As it’s very important to understand what this notice means, we put together some FAQs (Frequently Asked Questions) we often get from our clients to give you the facts about the notice so you can respond appropriately.
Frequently Asked Questions (and Answers) about the Notice of Tentative Assessed Value
Question 1: I just received my 2024/25 Notice of Tentative Assessed Value from the Nassau County Department of Assessment. Do you need a copy of this from me?
No, we do not need a copy of the Notice of Tentative Assessed Value (“NOTA”). This assessment information is a matter of public record at www.mynassauproperty.com. We do not need a copy of the NOTA, and you do not need to contact us regarding this tentative notice from the County.
Question 2: Why doesn’t this Notice of Tentative Assessed Value from the County match the assessment figures on the tax bills we recently received?
The NOTA and the tax bills are referring to two different tax years and assessments. The NOTA from the County is for the 2024/25 tax year, while the tax bills (and any corresponding invoice you may receive from us) are pertaining to the 2022/23 tax year. These two separate tax years have no bearing on one another and cannot be compared for any type of continuity. Various figures change from one tax year to the next in Nassau County.
Question 3: This Notice of Tentative Assessed Value is wrong. It doesn’t match the reduction I received for the 2023/24 tax year.
Again, the Notice and the reduction are for two different tax years. The recent NOTA from the County is for the 2024/25 tax year, while the reduction (and any corresponding offer letter you may have recently received from us) is pertaining to the 2023/24 tax year. All cases and tax years should be looked at as entirely separate entities. The final assessment for one year is not necessarily the starting assessment for the following year. Furthermore, the 2024/25 NOTA from the County is tentative and changes and corrections often occur on the April 2024 final assessment roll.
Question 4: Wasn’t there supposed to be some kind of “Freeze”?
Not necessarily. According to the Nassau County Department of Assessment, the 2022/23 and 2023/24 values should have frozen any assessment increases from 2021/22 and 2022/23, respectively. However, there is still no word about whether such a “freeze” will continue for the 2024/25 tax year. Still, if anything looks off base, corrections will be made by the County on the April 2024 final assessment roll.
Question 5: This notice from the County just reminded me… what is the status of my previous case(s)?
We’re glad you asked! As you may have seen in recent correspondence from us, we are proud to present our “Client Portal” at clientportal.mptrg.com. Once you login and access the Client Portal, you will essentially get to see what we see on our end. You can now check your status and pay your bills anytime, 24/7 at clientportal.mptrg.com