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Orange valuation jumps 96% after revaluation; Select Board signs MS-01
Summary
The town's revaluation by Avitar raised Orange's total assessed value by 96%; the Select Board accepted the MS-01 Summary Inventory Valuation and will submit the signed form to the Department of Revenue Administration.
The Orange Select Board on Oct. 21 accepted the MS-01 Summary Inventory Valuation showing a 96% increase in the town’s assessed value after revaluation work by Avitar.
Secretary Catherine Souza told the board Avitar completed the revaluation and that updated letters had been mailed to property owners who raised concerns; the town database was updated accordingly. The board voted to accept the MS-01 and tasked Souza with submitting the signed MS-01 to the Department of Revenue Administration.
Select Board member Samara Pitre moved to accept the report; Lucy LaChance seconded. The motion passed 2-0-0. The board did not set new tax rates at the meeting; revaluation results will be used in upcoming budget and tax-rate processes.
