If equalization is necessary the Board of Review sends written notice of the change in valuation to each taxpayer.
Public hearings are held into the Board of Review's intent to equalize.
When the Board of Review completes your hearing, it can apply an Equalization Factor on a Township basis if the level of assessment is too low or greater than the State required 33.33% (one-third) of market value.
The Board of Review holds hearings into the assessment complaints filed and revises the assessment roll as necessary.
Within 30 days of the above publication, assessment complaints may be filed with the Board of Review.
The assessment roll is turned over to the Board of Review.
The Supervisor of Assessments makes revisions to the assessment roll as necessary and publishes in the local newspapers a list of all parcels where values changed from the previous year.
Written notice of the Assessor's revisions are mailed to the taxpayers.
The Assessor completes the revisions and turns the assessment roll over to the Supervisor of Assessments.
January 1st of each year-your property is assessed by the Township Assessor.
0 kommentar(er)
