Nassau residents whose homes were damaged or destroyed by Superstorm Sandy will get a reduction in the property taxes they paid this year as well as a credit toward next year’s taxes, and the state will make up for the difference in tax revenue for the County – thanks to an initiative by Nassau County Executive Ed Mangano which was signed into law, by Governor Andrew Cuomo, last week.
County Executive Mangano announced the new Sandy relief initiative today, in the Ceremonial Chambers of the Theodore Roosevelt Executive and Legislative Building in Mineola – joined by Hempstead Town Supervisor Kate Murray, Oyster Bay Town Supervisor John Venditto and Presiding Officer Norma Gonsalves.
“Today, we renew our pledge to help all residents recover from the damages they endured by announcing plans that allow property owners victimized by Sandy to receive a property tax refund or credit,” Mangano said. “For those homeowners who were devastated by the storm and are still struggling to restore their homes, this necessary property tax relief measure is long overdue.”
Under the “Superstorm Sandy Assessment Relief Act” – signed into law October 22nd – Nassau County will adjust, retroactively, any property tax assessment to account for losses in value due to Superstorm Sandy.
Under the program, homeowners who filed a “Property Damage Review Form” with the Department of Assessment will not have to resubmit any additional paperwork unless asked to do so by the County.
Homeowners who have yet to report structural damages caused by Superstorm Sandy may be asked to submit a “Property Damage Review form” that is being prepared by the New York State Office of Real Property Tax Services.
The amount of a tax refund, credit or assessment reduction will depend upon the FEMA damage assessment determination and/or inspections that were conducted by the Department of Assessment based on bills paid to licensed contractors or paid homeowner insurance claims.
All Superstorm Sandy-affected homeowners are reminded to contact the Department of Assessment at (516) 571-1500 to ensure that they are registered for and will receive the property tax relief that they deserve. The new law begins a 90-day window during which to apply.
Mangano said that 72,000 households filed for FEMA assistance after Sandy.
“Any legislation that provides palpable relief to residents is great,” Supervisor Murray said. “Residents can use the dollars they get back in refunds toward rebuilding their homes. and the costs won’t impact homeowners in the surrounding area.”
Supervisor Venditto said he’d had never seen devastation like thi9s in his 64 years living in Massapequa, and he commended the County executive and the county and town workforces for tremendous disaster recovery efforts.