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Assessor outlines revaluation plan: town under market; notices due in spring
Summary
Tax Assessor Clint told the council Cumberland’s assessed values lag market sales and described a revaluation with spot fieldwork, mid‑cycle mini‑adjustments every 2–3 years, and new valuation notices to go out in spring; new tax rates would take effect with the September billing cycle.
Tax Assessor Clint briefed the council on the townwide revaluation plan, data and timing, and answered questions about the process.
Clint said the town’s average sales‑to‑assessment ratio is roughly 46% and that the last full revaluation (2018) left the town under market in many neighborhoods. He recommended a revised cadence of reviews every two to…
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