Revaluation first year — Town Wide — FY28
ASSESS-001Cost by year
$15,000 total| Year | Expenditure type | Basis | Amount |
|---|---|---|---|
| FY2028 | not stated | no basis | $15,000 |
Funding by source and year
more than one source per year is supported| Source | Class | FY28 | Total |
|---|---|---|---|
| CRF: Property Revaluation | Saved in advance | $15,000 | $15,000 |
| Residual against cost | 0 | $0 | |
Actual spend
manual entry or CSVNothing recorded. Actuals sit at the same grain as the funding above — by year and by source — so plan against actual works at the level the money was planned at.
Life cycle
| Useful life | 10 yrs |
| Condition | — |
| Last purchase | |
| Previous investment | $15,000 |
| Next investment | $15,000 |
| Trade-in value | — |
| Replacement year | FY2028 |
The Town paid $15,000 last time and will pay $15,000 next — 0% more.
Classification
proposed| Importance | 2 |
| Timing rationale | Outside deadline |
| Project type | Replacement or maintenance |
Proposed by rule. Nobody has confirmed it, so nothing built on these values states a fact.
Movement window
Not set. How far this project can move does not exist in the register, and the scenario engine cannot move anything without it. This is a question for the department, not a default.
Narrative
Property Revaluation is done periodically to ensure assessments are consistent similar properties and sales
A picture is recorded in the register at S:\databases\CIP database\photos\Assessing\revaluation.JPG — upload it on the edit page to show it here.
Who pays
CRF: Property Revaluation — Property taxes, General Fund.