Arden Board of Assessors

established by the Act to Reincorporate, section 7

The Board of Assessors is an independent body of seven assessors. It is not a committee of the Town Assembly, but the Board does make reports at town meetings.

The Board of Assessors establishes the land rent rates for Arden leaseholds, according to the principle of “full rental value” of the land. The “Community Standard of Living Method of Arden Assessment” defines total “Full Rental Value” of the leaseholds as the sum of town expenses (both “non-budget” in the form of county and school taxes, and “budget” as embodied in the town’s budget), and the cost of administering the trust, while maintaining a “prudent reserve”. This method divides full rental value by acreage of land held privately in leaseholds, such divisions determined by assessors’ formulas. The formulas, which are intended to reflect the relative value of leaseholds, are based on lot size, zoning privileges and location factors. Since there is no formula as to how to calculate “full rental value,” this is no simple task.

Nominations are made at the September town meeting; election is by referendum in the fall, using the Hare System of Proportional Representation. The recommended assessment for the following year is presented at the June town meeting (4th Monday in June, 7:30 p.m.)

Click here for Committee Descriptions: full text

2017 Board of Assessors Minutes

BOA 12-6-16 , BOA 1-11-17, BOA 3-8-17, BOA 4-12-17,   ,BOA 6-21-17

2017 Board of Assessors report for fiscal year 2018

2017 lot rental factors per leasehold

6-25-2017 Minority Report2017 Minority Report Assessment for fiscal year 2018
Above are in PDF format. Click here to see the Minority Report in Excel format.

Assessors Committee Meeting Times 2017

(Second Wednesday of the month at 7:30 P.M. – Buzz Ware Village Center
January 11, February 8, March 8, April 12, May 10, May 24 Public Hearing,
June 14  Public Hearing (June 21 Hold date for possible extra meeting)

Read a brief description of how Arden’s town government works

Board of Assessors – Town Charter

Board of Assessors Report 2016