After many long discussions, the City Assessor has decided not to revalue for the 2021 assessment roll. Typically, the City of Fitchburg revalues each year. Due to COVID-19 and the extent of the 2020 revaluation, the City Assessor has decided that 2021 will be a maintenance assessment year. We intend to resume our annual revaluation for 2022. To view frequently asked questions, click here.
Assessments fall into two broad categories, maintenance and revaluation. Maintenance consists of utilizing the assessment roll from the previous year and updating values to the current level of assessment when changes warrant. Examples of changes include new construction, combining or splitting of parcels, remodeling, demolition, annexation and zoning changes, changes in classification, and other occurrences that might affect value or the attributes of the parcel. These changes may, or may not, result in a change in value; nonetheless each of these requires the Property Record Card (PRC) to be updated. Reliable valuation depends on reliable data, so ongoing maintenance and updating of information is a high-priority responsibility for all assessors.
If you believe your property has been negatively impacted during 2020, please contact us at (608)-270-4235 and provide any additional information that you believe affected the value of your property. Information we may consider might be a cost to cure a property deficiency, actual construction cost statements, operating statements, appraisals, comparable sales, vacancy rates, income and expense statements, etc. Please provide this information no later than March 31, 2021 so it may be considered as we complete the assessment roll.
Assessing also values all Business Personal Property. The State prescribed forms were due March 1, 2021. If you have not turned in your form, please do so as soon as possible. We will estimate the assessment for the accounts that did not provide the information.