Mangano tackles Nassau's assessment system
Nassau County Executive Ed Mangano has formed a committee to come up with ways to simplify the county's assessment system that has been a cause of frustration for many homeowners.
"This system is crushing Nassau County," Mangano says.
One change Mangano already implemented is lowering the interest rate that the county pays to commercial property owners who win tax grievances from 4 to 3 percent.
"That's a saving to county taxpayers of a million dollars annually," says Patrick Roye, of the Nassau Assessment Reform Team.
Other ideas include assessing properties every four years instead of annually.
The team will make its recommendations to the county by June.