© “City should wait to move forward on the Full List and Measure until the results of Mr.
Cornell’s Review are issued.”
The purpose of the technical audit currently being conducted is only to review practices and
procedures of the assessing department on behalf of city management. The scope of work does
not address a recommendation for a full measure and list.
e “The City should wait to move forward on the Full List and Measure until the Inquiry of
the New Hampshire Board of Tax and Land Appeals (NHBTLA) is Closed.”
There is no telling precisely what the BTLA will order, however, it is known that if the board
orders a full measure and list it will limit the City’s input and most likely be considerably more
expensive.
e 6 6"“The benefit of a Full List and Measure is a matter of speculation.”
Not true. In fact a full measure and list is a widely used tool that will provide the property
owners of the City with an opportunity to help insure that the assessment records are accurate,
up-to-date and provide equity among all.
e “The City should receive formal bids prior to Approving a Bond.”
It is the City financial policy that a funding source be established before issuing a Request for
Proposal, (RFP). If, after choosing a contractor, more funds are required, a formal request will
be submitted to this Board should it be needed.
e “The Assessing Department needs to review and strengthen their contractor oversight
procedures prior to the issuing additional contracts.”
The misinterpretation of section 3.1.6 of the last contract with KRT Appraisal does not in any
way invalidate the results of the 2018 statistical update. All sales were qualified or unqualified
using MLS and other tools. (See Exhibit 2.)
Regarding Memo from Laurie Ortolano
© “Validity of the 1.3 million dollars:”
The 1.3 million dollar bond that the Assessing Department will request is an estimated cost for
the full measure and list. The BTLA only questioned if the bond is sufficient, not whether the
full measure and list is necessary. As stated above, if after choosing a contractor, more funds are
required; a formal request will be made.
229 Main Street - Nashua, New Hampshire 03060 + Phone (603) 589-3307 * Fax (603)
594-3434
