Section 280-RICR-40-00-2.13 - Public DisclosureA. Commercial and Industrial property should be reviewed and analyzed very carefully. If possible at least 2 of the 3 approaches to value should be developed: 1. Cost - The application of a cost trending multiplier (from Marshall- Swift, etc.) may be considered for updating building and site values with proper allowances given for depreciation.2. Current sales data, including any information obtainable which could influence the accuracy and validity of these sales.a. Notification The assessor should provide notice of a property valuation update program to all taxpayers by a comprehensive public information plan. This information plan could use the news media, the local cable access programs and public meetings in general.b. Review The assessor should provide adequate opportunity for taxpayers to inquire about their proposed new values. The taxpayer should be afforded the ability to review their property record information. The assessor must provide adequate opportunity prior to finalizing valuations and tax billing, either during or after regular office hours for taxpayer inquiries regarding the proposed new values. An appropriate appeal process must be available for the taxpayer280 R.I. Code R. 280-RICR-40-00-2.13