The Tax Assessor’s Office is required to conduct Statistical Revaluations every 3 years and Full Revaluations every 9 years. A Statistical Revaluation reviews sales data and makes changes in value based on those sales. Some fieldwork is required, but mostly limited to exterior inspections. During a Full Revaluation, each property and selected businesses are visited for exterior and interior inspections to determine if the data we have in the Tax Assessor’s Office is accurate and based on Sale Review, values are changed. The Revaluation Cycle and Process is mandated by RI General Law Chapter 44-5
A Statistical Revaluation was completed in 2016 for the 2017-billing year. A Full Revaluation was completed in 2013 for the 2014-billing year. The company conducting the revaluation was Vision Government Solutions, Inc.. At the end of the Revaluation, each homeowner should have received a letter advising them of their old value and the new value. If a property owner believed their value was incorrect, you should have contacted the revaluation company. Contact information was included in the letter and someone from Vision Government Solutions would have scheduled an appointment for a review and to make appropriate corrections. For further information on the revaluation please contact the Tax Assessor’s Office at the above mentioned extension numbers.