Answer:The first and longest step of the revaluation is Data Collection. Data Collectors visit each property to collect data. The Data Collector will also ask for an interior inspection, but you do not have to agree to it. After Data Collection, the City will analyze recent property sales in Rockland. Base rates will be developed using a combination of three approaches to value (cost, market/sales, and income approaches), and applied to your property. Valuation letters are then mailed to property owners with information about their new assessment and how to schedule a hearing to discuss the assessment. When this process is complete, taxes will be finalized based on the assessed values set by the revaluation.
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The first and longest step of the revaluation is Data Collection. Data Collectors visit each property to collect data. The Data Collector will also ask for an interior inspection, but you do not have to agree to it. After Data Collection, the City will analyze recent property sales in Rockland. Base rates will be developed using a combination of three approaches to value (cost, market/sales, and income approaches), and applied to your property. Valuation letters are then mailed to property owners with information about their new assessment and how to schedule a hearing to discuss the assessment. When this process is complete, taxes will be finalized based on the assessed values set by the revaluation.
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