The three elected assessors — who were all in favor of the change — will leave their posts at the end of the year, after which a single appointed person will serve as town assessor.

A lawsuit from Altamont against Knox, challenging the assessment, is expected to go to court soon.

The Knox assessor says each household in Knox would pay $38 annually to make up for lost tax revenues if the property were exempt.

GUILDERLAND — School-district taxpayers will be paying less than projected when they went to the polls last May to pass a $92 million budget for this year. Assessments were higher than expected in Guilderland, and Bethlehem recently went through town-wide property revaluation.

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