Who determines when a reassessment is done?

The City's appointed Board of Assessors directs the City Assessing Office to annually review all property types within the City and make necessary adjustments to property values. Additionally, the Concord City Council authorize the appraisal per the provisions of RSA 75:8-b

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1. Who determines when a reassessment is done?
2. Will types of property be valued differently?
3. What sales will be used in determining market value?
4. Will all the homes in the City be inspected?
5. Since not all homes in the City will be inspected, should I do anything to ensure that the information the City has on record is accurate?
6. Will assessed values change as the market values of residential homes change?
7. Will my new assessment be exactly the same as my recent purchase price?
8. What if I disagree with the new assessment?
9. When will new values from the reassessment impact tax bills?
10. Will the City receive additional taxes from the reassessment?
11. How does the update coincide with the budget process?
12. How likely is it that my taxes will increase or decrease?
13. Are commercial, industrial, apartments and other types of property being reassessed?
14. Who are the various parties that are conducting and overseeing the reassessment