Tax Abatement Process - How-to Video
Many Belmontonians believe that their real estate taxes are “unfairly” high — that is, the assessed value of their property (land plus buildings) is too high — higher than the valuation of similar homes (comparables). This 19 minute video was recorded in 2022 and is narrated by William (Bill) Anderson, TMM, Precinct 2; member and Secretary of the Warrant Committee; and CFRB Officer. Anderson leads us through his tax abatement story, from understanding the Belmont tax bill through the process of applying (and fighting!) for an abatement, and to consequently lower his tax bill. Although recorded several years ago, the abatement process described in the video remains valid.
Belmont now has an appointed not elected Board of Assessors, and it is possible that this body will be more responsive to tax payer questions and issues. Important! The deadline to file an abatement for this fiscal year is February 3, 2025.
There is a LIVE Q&A drop-in session on January 16 from 6:00pm to 7:00pm. Watch the video, and drop by with your questions. Email info@cfrbbelmont.org for details and the Zoom link.
Click below to view the video, recorded and broadcast by the Belmont Media Center. Click here for a copy of the slide deck.
