How often must the Board of Assessors meet to review property assessments?

The requirement for the Board of Assessors to meet quarterly for the review of property assessments is crucial for maintaining an accurate and fair assessment process. Meeting on a quarterly basis allows the board to regularly evaluate property values and ensure that assessments are up-to-date, reflecting any changes in the real estate market, property conditions, or local economic factors. This frequent review helps highlight any discrepancies or issues that need addressing and promotes transparency and accountability in the assessment process.

By meeting at this frequency, the board also establishes a consistent schedule that facilitates timely communication among members, stakeholders, and the public, ensuring that all property owners are kept informed about assessment policies and any potential changes. This regularity is significant in helping maintain the integrity of the assessment process and ensuring that property taxes are levied fairly and equitably.

Other options such as annual or bi-annual meetings may lead to outdated assessments and could result in problematic delays in addressing discrepancies, while monthly meetings could lead to inefficiencies and unnecessary administrative burdens. Hence, quarterly meetings strike an ideal balance between oversight and efficiency in managing property assessments.