Annual-account filing deadline this week

This year, 17 Rhode Island communities will go through the rite of passage known as the revaluation cycle. State law requires a full property revaluation by the tax assessor in each city and town every nine years with less-detailed updates every three years. These values are important because, absent additional improvements or damage to the property, the values will stay the same for the entire cycle even though the tax rate will change each year. For many of us, that means this spring we’ll learn that the tax assessor, or a company hired by the assessor, has come up with a new tax value for any real estate we own. More

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