Sunday, February 25, 2024

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Farrell: Full Physical Reval is Possible

Westport First Selectwoman Diane Goss Farrell said today that the town may choose to do a full physical reassessment of properties instead of the “statistical” reval done as part of the aborted 2003 property assessment.

Farrell’s comments at her weekly citizens brown bag lunch came one day after announcing appointment of a 10-member Revaluation Working Group to oversee the revaluation effort. (WestportNow March 30, 2004)

In response to a question, Farrell said there were a number of initiatives being made at the state level on property assessments and “homesteader” relief during the current legislative session.

She said requirements municipalities must follow regarding property assessments could change before the session ends.

“Technically, we don’t do a full physical (revaluation) in our next round,” she said. “But we may choose to.”

The new committee will hold its first meeting April 8 and is scheduled to report its interim findings to Farrell by June 15.

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