Q: What do I do if I believe that my assessed value should be reduced or that my property taxes are too high?
A: This tax year, the Assessor’s Office reviewed the assessed value of all properties in the county for which a reduction in assessed value had been made due to the decline in market value for last year’s tax roll . By law the date of valuation, or lien date, for property tax purposes is January 1st. When estimating the fair market value of a property, comparable sales occurring more than 90 days after the lien date, that is, after March 31st, may not be considered. Therefore, current sales may not be used to estimate the assessed value of a property for the tax year.
If you have evidence that your assessed value is significantly greater than its market value on January1, of this year, you may file an appeal with the
Clerk of the Board. The deadline to file an appeal is November 30.