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Greene County’s Total Property Valuation Increases Slightly For FY22

Greene County’s total property valuation will see a slight increase in Fiscal Year (FY) 2022, but not all owners will see their property’s worth rise in 2021. The Greene County Assessor’s Office Real Estate Coordinator, Pam Olerich, presented the county supervisors with the latest evaluations during their meeting Monday morning. Total valuations increased by 2.12 percent. When broken down, rural properties increased by 3.02 percent, but urban ones dropped by 0.15 percent. She says the urban decrease is due to multiple property owners, most from within the City of Jefferson, appealing their FY20 appraisals.

Olerich says the 2.12 percent total increase is on the lower end of what they would anticipate in a normal year, but she says they are pleased with the gain considering the implications of the COVID-19 pandemic. However, she believes the supervisors will have difficult decisions to make as they work through the budgeting process.

Olerich says they are optimistic that FY23’s valuations will be enough to make up for the limited gains seen this year.

The FY22 valuations become effective on Jan. 1. Property owners have from April 1 to April 25 to inquire about their new assessments or request an informal review. Formal complaints must be filed with the Greene County Board of Review by April 30.
 

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