Item Coversheet


Town of Arlington, Massachusetts


Article 53
Warrant Article Title:
APPROPRIATION/REVALUATION OF REAL PROPERTY
Warrant Article Text:

To see if the Town will vote to appropriate a sum of money to fund a revaluation of the real property in the Town, determine how the money should be raised or expended; or take any action related thereto.

Requested by:

(Inserted at the request of the Board of Assessors)

Report Excerpt:
The Massachusetts Department of Revenue requires the Town to conduct a five-year revaluation of all properties in 2025, and to submit a Revaluation Workplan in advance.  The Massachusetts Bureau of Local Assessment recommends that the Town appropriate the money for this revaluation two years in advance of the certification year; hence, the appropriation this year.  Any unexpended revaluation funds will roll over to future years’ revaluation, not into Free Cash.
Vote Language:
That the sum of $100,000 be and hereby is appropriated to fund a revaluation of the real property in the Town.
Additional Materials:
Finance Committee Report