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Chair briefs board on Market Rate Adjustment

Town of Rumford Board of Selectpersons · August 15, 2024
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

During routine business on Aug. 15, 2024, Chair Rinaldo provided an update on the Market Rate Adjustment to the Board of Assessors; the minutes record the briefing as informational with no recorded vote.

Chair Rinaldo provided the Board of Assessors with an update on the Market Rate Adjustment during the Aug. 15 meeting; the minutes record the update as an informational briefing without a motion or vote. The minutes do not include the text of the adjustment, dollar figures, or an effective date, indicating the item was presented for information.

No motion or follow-up assignment is recorded in the meeting text. The entry in the minutes is brief: it records that "Chair Rinaldo provided an update on the Market Rate Adjustment," but does not provide the adjustment amount or a timetable for implementation in the minutes.