Assessors Meeting Approves Real Estate Tax Reassessments and Statutory Exemptions

The Fall River Board of Assessors convened on May 21, 2025, to address several key issues impacting the local community, including the approval of tax assessments and exemptions that will affect property owners in the city.

The meeting opened with a roll call, confirming the presence of all three board members. The minutes from the previous meeting were swiftly approved, setting a collaborative tone for the session. A significant portion of the meeting focused on the approval of the monthly report and the invoice proof list, both of which passed unanimously.

One of the critical discussions involved the preliminary real estate tax forms for the fiscal year 2026. The board reviewed and signed necessary documents, ensuring that the city’s tax assessments remain accurate and up-to-date. This process is vital for maintaining fair taxation and supporting city services that residents rely on.

The board also entered an executive session to discuss abatements and exemptions, a move that underscores the importance of addressing property tax relief for eligible residents. Upon reconvening, the board approved several reassessments and statutory exemptions, which will directly benefit property owners facing financial challenges.

In total, the board approved multiple abatements for various fiscal years, demonstrating a commitment to providing relief where it is needed most. These decisions are crucial for residents who may be struggling with property taxes, ensuring that the city remains accessible and equitable for all.

Looking ahead, the board scheduled its next meeting for June 18, 2025, as they continue to navigate the complexities of property assessments and community needs. The outcomes of this meeting reflect the board's ongoing efforts to support the residents of Fall River through fair and transparent tax practices.