How does the Department of Assessment value property lying under water?
With the aid of GIS (Geographic Information System), digital mapping, and newer aerials, the Department of Assessment will be able to ascertain approximately how many acres lie within the waterway and h ow many acres are dry land for river front tax lots. The area calculated as lying within the water is given a minimal value or no value, consequently having very little, if any, tax consequences.
Related Questions
- Should the assessment for properties located along the border of the assessment area be reduced if not all of the storm water runoff from the property flows into the watershed?
- Why is my water bill based on the rateable value of my property in 1990?
- How will my property qualify for a special use value assessment?
