The next revaluation of all Real Estate will take place in 2018, while the last revaluation took place in 2013.
Please be aware that the process of obtaining Income and Expense information from Commercial property owners will begin in June 2016, and continue through 2018. These worksheets will be mailed to property owners in the Spring of each year.
There are five major phases to a municipal revaluation: Data Collection, Market Analysis, Valuation, Field Review, and Informal Hearings. During these phases over 100 tasks will be implemented in order to successfully complete the revaluation.