Summary
Mount Vernon hasn't done a citywide property revaluation since the 1960s. Homes sell for $800K-$1M while assessments stay outdated, and the city loses over $1.5 million a year fighting certiorari challenges — including $313,186 approved at this one meeting, mostly to LLCs. Both the Mayor and Comptroller say revaluation has to happen.
At a glance
- Total mentions
- 1
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Oct 29, 2026.
Impact analysis
Certiorari refunds cost the city over $1.5 million annually; $313,186 was approved at this meeting alone.
Homeowners and all taxpayers if assessments are fixed — a bigger, stabler tax base means lower rates.
Owners of over-assessed properties keep getting refunds while the rest of the tax base absorbs the pressure.
Mentions & discussions (1)
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