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HomeMy Public PortalAboutFY16 PUBLIC DISCLOSURE_1TOWN OF WATERTOWN FISCAL YEAR 2016 REVALUATION PUBLIC DISCLOSURE Monday, November 16, 2015 through Friday, November 20, 2015 The Town of Watertown is required by the State to revalue all of its properties in Fiscal Year 2016 and to have the new values Certified by the State's Department of Revenue, Division of Local Assessment. The result of this State mandated revaluation that has been conducted over the past several months by the Board of Assessors is the new value of your property. This new value pending the Department of Revenues approval represents market value as of January 1, 2015. The new values were determined by an extensive study of calendar year 2014 sales, and by an on -going inspection process conducted by the staff of the Board of Assessors. Should taxpayers wish to compare their values with the values of other properties, they will have access to valuation books at the Assessors' Office in the Administration Building. Valuations will also be displayed on the Town web page (www.watertown-ma.gov), simply open Departments, Assessor and link Revaluation Fiscal Year 2016. The Public Disclosure period lasts five working days from the date of this notice.