City of Somerville header
File #: 209275    Version: 1
Type: Mayor's Request Status: Placed on File
File created: 11/18/2019 In control: City Council
On agenda: 11/25/2019 Final action: 12/12/2019
Enactment date: 11/26/2019 Enactment #: 209275
Title: Chief Assessor's Classification Hearing Report regarding the adoption of Tax Levy Percentages for FY 2020, including a minimum residential factor and a residential exemption.
Code sections: Appropriation/Budget -
Attachments: 1. FY20 Classification Hearing Presentation

  Agenda Text

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Chief Assessor's Classification Hearing Report regarding the adoption of Tax Levy Percentages for FY 2020, 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 2020 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 26 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,

 

Frank Golden, Chief Assessor

Chairman, Somerville Board of Assessors