The Tax Assessor’s Office is responsible for assigning the fair market value to all real estate as of the date of assessment. Per Rhode Island General Law, the Town is currently required to revaluate property assessments once every three years. This, in essence, locks in your property assessment for a three year period unless changes are made to your property such as adding additional living space, a new deck, remodeling, etc. Therefore, the date of assessment is December 31st in the year of any property assessment revaluation. Current assessments are based on a 12/31/2008 market value.
Information regarding the 2011 Full Property Revaluation
On November 22nd, the Town Council awarded the revaluation contract to Certified Revaluation Company (CRC) of Rhode Island.
Residents were notified by brochure the day that a revaluation representative would visit their property. As of April 15th, all properties have been visited and you should have received your preliminary 2012 tax assessment notice. There was an opportunity to schedule an informal hearing with the company if you felt the estimated market value was incorrect. These hearings lasted approximately three weeks and the revaluation company is currently reviewing all data to finalize the 2012 values. If you had a hearing with CRC, you will receive an additional notice alerting you to any changes (if any) that they made.
Anyone having any questions regarding their assessment or the revaluation process in general should contact the Tax Assessor's Office at the number listed above.
Please note that the 2012 tax rate will be established by May 25th.
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GENERAL ASSESSMENT INFORMATION
2008 Revaluation Seminar Slideshow
(PowerPoint presentation converted to PDF format)
How Your Property is Appraised
How Tax Rates are Determined (revised)
2012 Declaration of Real Estate Owned
2012 Tax Assessor's Notice
ONLINE ASSESSMENT DATA
PROPERTY RECORD CARDS
For property owners and real estate professionals who want to research our property record cards on-line, please click HERE. TAX ASSESSOR MAPS
For the full set of Tax Assessor Maps, please click HERE.
GIS DATA/MAPS
The Town of Tiverton through our vendor Applied Geographics, Inc. (APPGEO) has created a GIS (Geographic Information System: explained here) website to assist town residents, developers, real estate professionals, and others in various research tasks. This GIS website provides data on property assessments, topography, soil types, wetlands, zoning, land use, etc.
The data available on the GIS website is a snapshot in time and may have been updated in the normal course of business and may not always represent the most current information. In addition, some of the data contained herein may have been compiled from third-party sources and the accuracy of that information cannot be confirmed.
To access GIS DATA, please click HERE.
TANGIBLE PERSONAL PROPERTY (TPP)
On an annual basis, all businesses located in, or leasing equipment in the Town of Tiverton is mandated by State Law to file with the Tax Assessor a complete listing of all assets owned and/or leased. Each December the Assessor will mail out a form which needs to be returned by January 31st unless a written request is submitted by that date to extend the filing deadline to March 15th. Business should use the following form:
Tangible Personal Property Return (as of 12/31/2011)
Per Rhode Island General Law, assets shall be valued at cost minus depreciation according to asset class.
These tables can be downloaded here:
TTP Depreciation Tables
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