Hanover Board of Assessors
FY 2013 Tax Rate
$15.55 Residential
$16.50 Commercial |
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Click on one of the links below for more information about the Hanover Board of Assessors.
About the Board of Assessors
Assessors Staff / Contact Us
Downloads
Related Links
About the Board of Assessors
The Role of the Board of Assessors
Assessors are required by Massachusetts Law to list and value all real and personal property. Valuation is subject to ad valorem taxation on an assessment roll each year. The "ad valorem" basis for taxation means that all property should be taxed "according to value", which is the definition of ad valorem. Assessed values, in Massachusetts, are based on "full and fair cash value", or 100 percent of the fair market value.
Assessors are required to submit these values to the Department of Revenue for certification every three years.
In the years between certification, Assessors are also required to make interim adjustments to value each year to reflect the changing market. This assures that the taxpayer pays his or her fair share of the cost of local government, in proportion to the amount of money the property is worth, on a yearly basis rather than every three years.
The "market adjusted" or "actual" assessed values are certified and rendered on the 3rd and 4th quarter bills each fiscal year. The assessment date for each upcoming Fiscal Year is always January 1st. Because we are stating a property's assessed value is as of 01/01/XX, we must analyze the previous calendar year's sales data to figure the adjustment.
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Example: Upcoming Fiscal Year 2013 (July 1, 2012 – June 30, 2013)
Assessment Date = 01/01/2012
Sales to Analyze = Calendar Year 2011 Sales
Market Adjustment = 3rd Quarter (End of December)
So, your new assessed value for Fiscal Year 2013 will be based on sales that took place in Hanover during calendar year 2011.
Note: The 1st and 2nd quarter bills you receive each fiscal year are "estimated bills" and are usually calculated using the previous fiscal years "actual" assessed value and tax rate.
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The Hanover assessor's office must appraise and assess approximately 5700 parcels of property. The Board of Assessors is required to annually assess taxes in an amount sufficient to cover the state and local appropriations chargeable to the Town. These taxes assessed will include state taxes which have been duly certified to the Board and Town taxes voted by the Town (including Proposition 2 1/2).
Assessors Staff / Contact Us
Board of Assessors
Paul Barresi, Chairman
Tom Kokoliadis
Nancy Lyons
Assessor
Robert E. Cole ( robert.cole@hanover-ma.gov )
Assessing Assistant
Trish O'Kane ( trish.okane@hanover-ma.gov )
Senior Clerk
Elaine Boidi ( elaine.boidi@hanover-ma.gov )
550 Hanover Street
Hanover, MA 02339
Tel: 781-826-6401 Fax: 781-826-5239
Business Hours
Mon., Tue., Thurs. 8AM—4PM
Wed. 8AM—8PM
Fri. 8AM—12PM
Click on the links below to see Board of Assessors related Downloads:
Tax Rate History
Clause 17-D Exemption - Bank Form
Clause 41-A Tax Deferral - Bank Form
Clause 41-C Elderly Exemptions - Bank Form
Hanover Annual Report FY 2009
Related Links
Hanover Online Property Search
Qualifying for a Real Estate Exemption (by Hanover Assessors)
Assessors Forms and Applications
Finance Department
Town Collector
Town Treasurer |
