2011 Report of the Board of Assessors
The Board of Assessors and I would like to thank the Assessing Office staff for their hard work and dedication over the past year. The efforts of the staff allowed us to accomplish each of our goals this year.
In calendar year 2011, the Town of Randolph saw a decrease in residential property values. The average single family home assessment dropped from $252,900 last year to this year’s average of $250,800 (-0.64%). The Commercial and Industrial dropped
The Board of Assessors and the Assessor’s Office staff conducted the Fiscal Year 2012
Interim Year Adjustment on all real estate and personal property in Randolph. On November 7th, 2011 the Board has received final certification of the assessed values from the Massachusetts Commissioner of Revenue.
At the Tax Classification hearing held on November 28th, 2011 the Town Council adopted a tax classification shift of 1.63%. The shift adopted by the Council resulted in a residential tax rate for Fiscal Year 2012 of $16.03 per thousand dollars of assessed value. The resulting commercial/industrial tax rate for FY2012 is $29.12 per thousand dollars of assessed value.
I have tremendously enjoyed working with everyone over the past year and look forward to a productive New Year.
Joseph W. Galvam, Chairman
John A. Peppe, Board Member
Ricardo Telemaque, Board Member
Jolanta R. Briffett, Principal Assessor