City of Somerville header
File #: 204541    Version: 1
Type: Mayor's Request Status: Approved
File created: 11/6/2017 In control: City Council
On agenda: 11/9/2017 Final action: 11/9/2017
Enactment date: 11/9/2017 Enactment #: 204541
Title: Chief Assessor's Classification Hearing Report regarding the adoption of Tax Levy Percentages for FY 2018, including a minimum residential factor and a residential exemption.
Code sections: Appropriation/Budget -
Attachments: 1. FY18 Classification Hearing, 2. TAX RECAPITULATION SHEET-FY2018-FINAL REVENUE ESTIMATES

  Agenda Text

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Chief Assessor's Classification Hearing Report regarding the adoption of Tax Levy Percentages for FY 2018, including a minimum residential factor and a residential exemption.

 

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Official Text

To the Honorable Board:

 

In the attachment, please find my FY 2018 Classification Hearing Report concerning assessed value changes, growth, classification percentages, projected levy, tax options and projected tax rates.  I will be available at your November 9 hearing to present all information and answer and questions you may have. You will also find in your City Hall mailbox, a color hard copy of the report.

 

Respectfully submitted,

 

Marc A. Levye, RMA, MAA

Chief Assessor - Chairman Somerville Board of Assessors