February 21, 2023
CRANSTON – Feb. 2023 – The City of Cranston has announced that it is in
the process of a full property revaluation as required by Rhode Island general
law. As a result, taxpayers will receive a new real property assessment upon
R.I. General (RIGL 44-5-11.6), mandates that cities and
towns perform a statistical revaluation update every third and sixth year and a
full property revaluation every nine years. This is the ninth year for the
city, requiring a full city-wide revaluation.
In a statement, Cranston Tax Assessor Ken Mallette
explained, “This revaluation is a process meant to distribute taxes evenly and
fairly based on more up to date values of what taxpayers own. By no means is
this a tax increase nor a means for the city to raise taxes.”
The city is working with revaluation company Vision
Appraisal. In the summer of 2023, Cranston homeowners will be receiving a data
mailer requesting notice of all changes to properties. This “Interior Data
Verification” letter will provide an opportunity to review their interior
features and make adjustments to update their property information.
If there are significant changes, city and Vision Appraisal
employees may contact property owners to conduct an in person visit to assess
property changes. It is important to note that no valuation decisions are made
at the time of inspection.
The City will also be conducting in-person visits to inspect
all properties that have been sold, along with those properties whose owners
have pulled a building permit within the last year.
Since all current valuations were based on sales as of
12/31/2020, changes since that date have made assessments not reflective of the
current real estate market. The rise and fall of real estate values make
certain properties more valuable or less valuable in relation to each other.
Due to these reasons, the state of Rhode Island decided upon a three-year
schedule for property revaluations.
The full property revaluation is scheduled for completion as
of 12/31/23. Property owners can expect to receive a new assessment notice in
February or March of 2024. They will then have an opportunity to appeal changes
and have a hearing on their new assessment. The new assessment notice will
include information regarding an informal hearing process. If the taxpayer is
not satisfied with the results of the informal hearing process, they may make
use of a formal appeal process regarding their new values. That process will
begin after taxpayers receive their tax bills in July of 2024.
For any questions regarding this process, please call the
city of Cranston Assessor’s Office at 401-780-3181. More information on
taxpayer revaluation can be found at https://gis.vgsi.com/cranstonri/