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New Castle County to begin revamping local property tax system Xerxes Wilson, Delaware News Journal
Headlines February 1, 2021
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New Castle County has agreed to recalculate the property values it uses to set local tax bills, beginning a process that could lead to widespread changes to property taxes in the coming years.
The commitment was made as part of a legal settlement approved by a Delaware Chancery Court judge last week. The settlement seeks to end the county s involvement for now in a lawsuit aimed at recalculating unconstitutional property tax valuations throughout the state.
As of now, Kent and Sussex counties, which are also defendants in the lawsuit, have not submitted a similar agreement, meaning litigation involving the future recalculation of tax values in those counties will continue.