How will my taxes change as a result of my new assessment?
Although the valuation of your property affects your share of taxes, the actual amount you pay is determined by the budgetary needs of the town. This is decided by what services will be provided in the coming year and the cost to provide these services. The budgets are approved at Town Meeting. Once this decision is made and valuations are certified by the Department of Revenue, a tax rate that will generate the needed tax dollars is then adopted and approved by Department of Revenue. Your individual property taxes are then determined by multiplying your assessment by the tax rate. The tax rate is expressed as dollars per thousand dollars in value. Remember assessments and taxes have seesaw effect. If one goes up the other goes down and vice-versa.

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1. What is a revaluation?
2. Why is a revaluation necessary?
3. When will revaluation start?
4. Who will do the revaluation?
5. Will all property values change?
6. What is market value (a.k.a. full and fair cash value)?
7. Will I be notified if there is a change in my assessment?
8. How will my taxes change as a result of my new assessment?
9. Why is my single-family home valued differently than my neighbor’s two family?
10. How are assessments determined?
11. How can my assessment change when I haven't done anything to my property?
12. What if I refuse to let assessment personnel in my property?
13. What if there hasn’t been a recent qualified sale of my property?
14. What if there are no reasonable comparable sales?
15. What will happen to my assessment if I improve my property?
16. I have recently built my home. Will the actual construction costs be considered?
17. Will my assessment go up if I repair my property?
18. Do all assessments change at the same rate?
19. Will the person who inspects my property be able to tell me my new assessment?
20. What if I don't agree with my assessment?
21. What if, after the actual bill goes out, I still disagree with the assessment?
22. What evidence do I need to present to the Board of Assessors?
23. Should I regard the property lines on the Town's maps as a legal record?