Portsmouth revaluation notices go out this week

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PORTSMOUTH — Local residents will soon learn their new proposed property values, as revaluation notices are being mailed out this week.

The Town of Portsmouth and its contractor, Vision Government Solutions, Inc. of Northborough, Mass., have completed the state-mandated valuation update.

The date of reassessment for the project is Dec. 31, 2016 and valuations reflect the real estate market of 2016, according to Matthew A. Helfand, the town’s tax assessor/collector.

The valuation work was completed early this year and notices of the new proposed assessments will be mailed on Friday, March 17.

Those wishing to discuss their assessments with Vision Government Solutions will be able to schedule an informal review with Vision personnel. (Instructions for scheduling a hearing will be included in the notices.) Reviews are be appointment only and will be held at Town Hall.

Once the review process is complete, those who have attended a hearing will receive a second notice advising them of any changes made to their assessment.

The new assessments will then appear on the tax bills issued this summer.

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