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The Board of Assessors unanimously approved releasing $27,500 from the overlay account to continue the neighborhood review project, which examines property characteristics and values.
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The funding supports ongoing review of neighborhood property data, including market adjustments and land costs, with a public information campaign planned for residents. The board also approved seven administrative real estate exemptions, denied one administrative real estate abatement, and requested additional research on another abatement. The office reported processing 122 motor vehicle excise tax abatements during the past month.
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