Perform annual update of valuations to include new construction, alterations, additions and deletions to all residential, commercial, industrial, and personal property as of each April 1. • Perform analyses of recent sales that are identified as arms-length transactions at fair market value to guide land and building schedule adjustments. • Recommend the factoring requirements of all current property assessments in accordance with adjustment ratios appropriate to various property classes for the purpose of keeping the municipality’s current assessment ratio close to 100%. • Prepare for the Town Manager’s review and approval all correspondence with Maine Revenue Services, including but not limited to Municipal Valuation Returns, reviews of sales samples to exclude non-arms-length transactions, correspondence regarding the preliminary state valuation, etc. • Appeal the municipality’s state valuation when such an appeal to be warranted.
