LETTERS

Letter from tax assessor's office not a tax increase

Posted 3/7/18

To the Editor: This is an open letter to all the citizens of Cranston. By now, or any day now, you will be receiving a letter from the tax assessor's office regarding your home's assessment value. Please understand that this is not a tax increase, but it

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LETTERS

Letter from tax assessor's office not a tax increase

Posted Wednesday, March 7, 2018 1:35 pm

To the Editor:

This is an open letter to all the citizens of Cranston.

By now, or any day now, you will be receiving a letter from the tax assessor’s office regarding your home’s assessment value.

Please understand that this is not a tax increase, but it is a reflection of the current housing market in our city.

The real estate situation is a seller’s market right now. The inventory for homes in Cranston is low.

Every three years, the state requires all cities to do a reassessment on every house in the city. The City Council has not gotten a budget from the mayor yet for the upcoming year.

We do not anticipate a tax increase, but we will have to wait and see what he proposes.

Again, please understand this is an assessment of the value of your home, not a tax increase.

If you have any questions, please feel free to contact any councilperson or the assessor’s office directly.

Michael Farina

Council President