Whereas, the value of property within municipalities is required by law to be determined on a regular basis; and

Whereas, this difference may cause property in municipalities to bear more of the burden of county taxes than is appropriate, given the increase in value of many properties in the unorganized territories; now, therefore, be it

Sec. 1. Valuation. Resolved: That the State Tax Assessor shall conduct a valuation of all real and personal property within Aroostook County that is subject to taxation under the Maine Revised Statutes, Title 36, chapter 115. The updated valuation must be completed by March 31, 2005 and used to determine taxes under Title 36, chapter 115 beginning April 1, 2005.

SUMMARY

This resolve requires the State Tax Assessor to conduct a valuation of taxable property within the unorganized territories of Aroostook County.