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Bedford council delays townwide revaluation, citing 2024 median ratio of 91.8
Summary
After a presentation by the town assessor, the Bedford Town Council voted 7–0 to postpone the planned 2025 statistical revaluation and perform the next townwide update no sooner than the 2026 tax year.
The Bedford Town Council voted 7–0 Wednesday to postpone the townwide revaluation scheduled for the 2025 tax year and to perform the next complete townwide update no sooner than the 2026 tax year.
Assessor Doug Irvine told the council the town’s official median ratio for 2024 — the measure that compares assessed value to market sales — is 91.8 and “we could comfortably and very conservatively, very easily postpone until 2026.”
Irvine said the median ratio has remained above the 90 percent threshold that indicates assessed values are generally tracking market values closely enough to delay a full…
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