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  2. Board Of Aldermen - Minutes - 3/1/2018 - P29

Board Of Aldermen - Minutes - 3/1/2018 - P29

By dnadmin on Sun, 11/06/2022 - 22:22
Document Date
Thu, 03/01/2018 - 00:00
Meeting Description
Board Of Aldermen
Document Type
Minutes
Meeting Date
Thu, 03/01/2018 - 00:00
Page Number
29
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_m__030120…

Goals of a Revaluation

Corrects disproportionate taxation by valuing all property at
it’s fair market value as of April 1, 2018

¢ Adjust value for market shifts

Ensures that various classes of property are valued at the
same level of assessment

° Creates uniformity and assessment equity

¢ Create a mass appraisal model using a systematic approach for
consistency

Page 13 of 14

Page Image
Board Of Aldermen - Minutes - 3/1/2018 - P29

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