Town assessor Jef Muelver, left, discusses intricacies of revaluation with the Newbold town board last Thursday, Feb. 12. (Photo by Ardith Carlton/River News)
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Revaluation angles discussed by town assessor at Newbold meeting
Revaluation, looming next year for the town of Newbold, dominated the discussion in Jef Muelver’s monthly town assessor report at the Feb. 12 Newbold town board meeting. Newbold has fallen out of compliance with the state’s value. To be in compliance, valuation has to be within 10 percent above or below. “Tentatively, we’re ratioed at 66 percent (of market value) for 2025,” Muelver told the board.