§ 44-5-20.16 - Smithfield – Property tax classification and valuation.
SECTION 44-5-20.16
§ 44-5-20.16 Smithfield – Propertytax classification and valuation. – (a) The assessor of the town of Smithfield, on or before June 1 of each year,shall make full and fair cash valuation of all the estate, real and personal,and motor vehicles subject to taxation, herein, and determine the assessedvaluation of each property class.
(b) The assessor shall apply different rates of taxationagainst Class 1 and Class 2 to determine the tax due and payable on theproperty; provided, however, the rate for each class shall be uniform.