Graham, Donna
From: eS Ee EE
Sent: Wednesday, June 09, 701 PM
To: Graham, Donna
Subject: Communication submittal for Board of Aldermen Packet
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unknown.
Donna,
Could you please place this as a communication to the Board.
Thank you,
Laurie Ortolano
41 Berkeley Street
Nashua
Dear Board Members,
My opposition to R-12-145, the purchase for $325,000 at "L" Pine St was based on the lack of information the
Board has been willing to provide regarding the revaluation for 2022. Months ago, I asked during public input
at several meetings about the tax burden shift that might occur as a result of the pandemic and the impact on
commercial properties, I was looking for some insight on what is really happening with City properties.
The Mayor and several Aldermen spoke favorably on looking into this and having discussion. This was
apparently lip service or the elected folks got the answers and they were not worth sharing with the public.
This letter was posted and submitted to the local papers.
Nashua will see about a 7% budget increase over 2021 through 2022. In 2022, property owners
will see their property assessments reset to market value. Property owners have no idea what
assessment increases they will be facing.
The hired appraisal company (Vision) performing the 2022 revaluation is collecting recent sales to
develop a model, along with measure & list data to create more accurate results. The measure &
list depends on property owners opening their doors for an interior inspection. Few residents are
likely to open their doors as the law does not require owners to do so. Updated homes with long
term owners and unpermitted work can escape capture. Updated sold homes are an easy catch
with MLS listings and photographs readily available. Equalizing sold verses unsold homes is almost
impossible without interior inspections. This creates a real challenge when determining an
equitable tax distribution.
