The Delaware Court of Chancery has upheld House Bill 242, a law that changes how property taxes are calculated following the state’s long-delayed reassessments.
Sussex County has rolled out an updated, parcel-specific property tax calculator to help property owners better understand their upcoming tax bills as the county’s multiyear property reassessment project nears completion.
The General Assembly is preparing for a special session this summer as public backlash mounts over New Castle County’s recently issued property tax bills. According to House Majority Caucus Director of Communications Jenevieve Worley, a firm date for the session has not yet been announced.
Republican lawmakers in Delaware are calling for the General Assembly to return to session to address public backlash over rising property taxes following a statewide reassessment.
Despite two failed tax referendums earlier this year, the Indian River School District will still be raising its school tax rate.
Sussex County is nearing the final phase of a major reassessment for nearly 200,000 properties. Officials shared an update Tuesday, with the project expected to finish by next summer.
Sussex County's county-wide reassessment project is over half complete.
Currently, property values are at the rate decided in 1974. That will be changing over the next three years.
