Preliminary Property Values Out For FY 2016

Donna Motta November 24, 2015 Comments Off on Preliminary Property Values Out For FY 2016

The City of Fall River has completed proposed property assessments for FY2016, which are  pending preliminary certification from the Massachusetts Department of Revenue (DOR).

The DOR has granted permission to hold public disclosure of the proposed  assessments  prior to the issuance of final certification. The proposed assessments can be viewed at the Assessors’  office located  at One Government  Center, 3rd floor. Fall River, MA on Tuesday, November 24th until 5:00 p.m., and Wednesday, November 25 from 9:00 – 5:00 p.m.

Anyone wishing to discuss their proposed value with an assessor should call 508-324- 2300 or visit the Assessors’ Office during these times.

This disclosure period provides the opportunity for taxpayers to review their property data and proposed assessment.

The FY2016 property assessments should reflect fair market value as of January 1, 2015. These assessments are based on market activity that occurred during calendar year 2014. Taxpayers who do not find physical discrepancies but choose to challenge their property assessments may do so by  filing an Application  for Abatement  after the actual tax bills   are mailed in December.  Tax bills based  on the new values will be issued prior to January  1, 2016. Abatement  applications  can be filed once the tax-bills  are issued  and no later  than February  1, 2016.

Anyone wishing to discuss their proposed value with an assessor should call 508-324- 2300 or visit the Assessors’ Office during these times.

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