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Assessor: 2025 revaluation at about 98.3% of market value; inspections nearly complete

2245876 · January 13, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At the Jan. 13 meeting the town assessor reported the revaluation produced a 98.3% estimate of market value with a coefficient of dispersion of 8.8 and inspections at about 93% of taxable properties. The assessor explained abatement and tax-deferral options for residents who receive unexpectedly higher bills.

The town assessor told the board on Jan. 13 that the 2025 revaluation placed assessed values at roughly 98.3% of market value and produced a coefficient of dispersion (COD) of 8.8, indicating tight valuation consistency across properties.

The assessor said inspectors have completed on-site reviews for about 1,790 of the town’s 1,925 taxable properties (about 93% complete). The inspections lagged after the town migrated from the Vision computer system to the Avatar system; the assessor told the board that the…

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