The Delaware Senate approved a bill Wednesday that gives counties the ability to subpoena records and testimony to help determine the fair market value of non-residential properties.
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According to the Delaware Department of Insurance, recent property reassessments will not directly increase homeowners insurance premiums, despite concerns from some residents.
Dewey Beach officials may change the beach-tax rate after county reassessments sharply raised property values. The council will review Chapter 167 adjustments.
The Delaware Senate voted unanimously Thursday to extend the property tax payment deadline for New Castle County to Dec. 31, giving taxpayers additional time to adjust to recent changes stemming from the property reassessment.
House Democratic leaders issued a joint statement Friday in response to a proposal by House Republicans to redo the property tax reassessment in New Castle County and revert to previous valuations and tax rates for the 2025-26 tax year.
Legislators said the disparity in reassessment approaches highlights the need for a more consistent, statewide strategy moving forward.
A Special Committee formed to examine Delaware’s statewide property reassessment will hold its first public hearing on Tuesday, Sept. 30, at 9:30 a.m. in the Senate Chamber at Legislative Hall.
Democratic leaders in the Delaware General Assembly have announced the formation of bipartisan special committees to investigate the statewide property reassessment, following mounting concern with new tax bills sent to homeowners.
For the first time in five decades, Sussex County has reassessed property values, and residents are bracing for the impact as new tax bills begin arriving in the mail.
The Delaware Working Families Party is calling on state lawmakers to give equal consideration to all proposals during the General Assembly’s special session Tuesday, saying that current leadership’s agenda fails to root causes.