Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
KRT presents 2025 statistical revaluation: town taxable value jumps about 60%; board raises data and scope concerns
Summary
KRT Appraisal reported a roughly 60% increase in Brentwood's taxable value after a statistical update of 2025 sales; the board and residents raised concerns about a data conversion from Patriot to Avatar, missing building-permit entries, and whether the contracted scope matched town expectations.
KRT Appraisal told the Brentwood Select Board on Sept. 16 that the town’s 2025 statistical revaluation placed taxable value at about $1.18 billion, up from roughly $737 million — an increase KRT characterized as a near-60% market change since the last reevaluation in 2020.
Kevin Lean of KRT said the firm reviewed qualified sales from April 1, 2024, through March 31, 2025, updated land and building schedules, and recalibrated valuation models. “We visited all the sales from 04/01/2024 to 03/31/2025 to verify the parcel data and gather information about the sale,” Lean said, and he told the board the assessments meet New Hampshire Department of Revenue Administration (DRA) and ASB standards.
KRT requested a two-week contract extension (from Sept. 12 to Sept. 26) to complete a final…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
