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Springfield tax committee reviews tax-classification process; DOR certification will determine final rates
Summary
At an informational meeting, Springfield staff explained the tax-classification process, said Department of Revenue certification of assessed values is still pending and set a follow-up meeting for Nov. 18 ahead of a City Council hearing Nov. 24. No votes were taken.
Jessica, an assessor with the Board of Assessors, laid out the tax-classification process and timeline, telling the Springfield City tax-classification committee that the Department of Revenue (DOR) must certify assessed values before the city can finalize tax rates.
The presentation clarified that Springfield’s fiscal year runs July 1 through June 30, the valuation date is Jan. 1, 2025, and the…
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