Agenda

Phase 1: Data Collection

The first phase, Data Collection, began the last week of
February 2020.

During this phase data collectors also known as “Listers” go

to each property and physically inspect and verify the
measurements of the exterior of each building.

Digital imaging of each property is also taking place as part
of this project.

Nashua has approx. 28,926 properties and the data
collection phase of this project is time consuming, it will
take about two years to complete.

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The Revaluation Process

There are five major phases to a municipal revaluation: Data
Collection, Market Analysis, Valuation, Field Review and
Informal and Formal Appeal Hearings. During these phases
many tasks will be implemented in order to successfully
complete the revaluation.

Data Collection Market Analysis
Valuation Field Review Informal
and Formal Hearings

Revaluation Resources — City Website (cont'd)

GOV Board of Assessors Meeting 6/4/2020 (Video) Bi-Weekly Status Reports

2020-2022 Revaluation Project Update - June Perry - Vision Governmd ° Nashua NH November 03 * Nashua NH Aug 19, Status
Vi deo) Status Letter 2021 letter 2021

° Nashua NH November 3 ® Nashua NH Jan 21 status
status letter 2021 letter 2021

e 092721 status report ° Nashua NH Jan 7 status letter

e Nashua NH status letter 2021

Revaluation Resources — City Website

Home » Government + City Departments A-M > Assessing Department » 2022 Full Measure & List Appraisal and Revaluation

2019-2022 Full Measure & List Appraisal and Revaluation

Project Updates & Milestones:

***Important Update***
The City of Nashua lifts suspension of Interior Inspections for the 2020-2022

Process to Date

February 19, 2020 Finance Committee Approves Contract
February 28, 2020 City issues Data Collection Press Release

March 3, 2020 Special Board of Assessor's Meeting - startup meeting
for the Full Measure & List Revaluation with the NH DRA and Vision
Government Solutions

March 11, 2020 Bi-Weekly Status Reports from Vision Begin

March 16, 2020 Amendment to Contract due to COVID19 — Interior
Inspections Suspended

June 28, 2020 Quarterly Updates to the BTLA Begin

2022 Full Measure & List Revaluation

The Appraisal Firm of Vision Government Solutions was hired by the City a
Nashua to begin a City-wide Revaluation Project.

In accordance with New Hampshire General Statutes, the City of Nashua is AS
conducting a Full Measure and List Appraisal and Revaluation. This project isa
3 year undertaking and will finalize in September of 2022. pk.

This process began in August 2019 when the City of Nashua undertook a i
Request for Proposal in order to solicit bids from state certified revaluation © °
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Special Board of Aldermen —

Assessing Update on 2022 Full Revaluation

November 15,2022

City of Nashua

Administrative Services Division
229 Main Street - Nashua, NH 03060

To: Mayor Donchess
Board of Aldermen

Date: November 10, 2021

Re: Update on the 2022 Revaluation

Attached is a brief presentation for your meeting on Monday, November 15, 2021.
City staff will provide a brief review of the process to date and resources available to residents.

SPECIAL BOARD OF ALDERMEN

NOVEMBER 15, 2021

7:15 P.M. or immediately after Special Personnel/Admin. Affairs Cte. Aldermanic Chamber and via
Zoom

Join Zoom Meeting: https://us02web.zoom.us/j/8432412642 1? pwd=OVprOThFeX VBKOhJcEVKNkKSSNX Yydz09
Meeting ID: 843 2412 6421 Passcode: 122560

Join by telephone: 1-929-205-6099 Meeting ID: 843 2412 6421 Passcode: 122560

ORDINANCE:

PURPOSE:

ENDORSERS:

COMMITTEE

ASSIGNMENT:

FISCAL NOTE:

LEGISLATIVE YEAR 2021

O-21-076

Relative to seasonal road closures and elimination of certain
on-street parking for use by restaurants for outdoor dining

Mayor Jim Donchess

Committee on Infrastructure