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Article 19
Revaluation
Click HERE for direct link to the text of Town Warrant Article (revised at Town Deliberative Session Feb. 6, 2010).

 

This article will designate $20,000 from the Town's unreserved fund balance to pay for a scheduled portion of the state mandated town-wide property revaluation.

A YES VOTE will fund this year's installment of the revaluation.
A NO VOTE will cause a shortfall in the funding for the required revaluation.

Pros

  • No new tax impact.(1)
  • Town will have sufficient funds on hand to pay for a revaluation in 2011, and will avoid possible fines levied by the state for noncompliance.

Cons:

  • None determined at this time.

References:
1. Chris Rose, Raymond Town Manager

Please send questions/comments to editor@raymondvip.org

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