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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