The Massachusetts Department of Revenue, Bureau of Local Assessment, has granted preliminary approval of Williamstown’s fiscal 2015 triennial certification.
The new values will be available for public viewing beginning Monday, Sept. 8, for 20 business days ending Friday, Sept. 19, at the assessors office, second floor, Town Hall, 31 North St., from 8:30 a.m. to 4:30 p.m. Staff will be available to address any questions or concerns.
Analysis of real estate transactions from January 2012 through December 2013, as well as commercial income and expense data, were conducted during the revaluation. The results are that all property assessments were adjusted to reflect full and fair cash value as of Jan. 1, 2014.
The completed reappraisal confirms that the total taxable valuation of the Town has decreased 6.9% since the last certification in fiscal 2012 from $1,030,451,850 to $958,916,300. The average single-family home value decreased 5.5% from $376,400 on Jan. 1, 2011, to $355,600 on Jan. 1, 2014.
Anyone interested in their new property valuation may contact the Office of the Board of Assessors at (413) 458-9343 during office hours.
The proposed assessments will be available for viewing on the town’s website at www.williamstown.net. A schedule of new values will also be available at the Milne Library during their regular hours.