BOARD OF EQUALIZATION AND REVIEW

The Appeal period for the 2025 tax year ended on Friday, June 6, 2025 at 5 p.m.  

The Board of Equalization & Review adjourned for the purpose of accepting appeals on June 6, 2025 at 5:00 PM.

Assessment notices were mailed on March 31, 2025 and the appeal period opened on April 1, 2025.

The next appeal window opens for the 2026 tax year on January 2, 2026 and ends on April 1, 2026. You may appeal the assessment to this office at that time.

Statutorily, no changes can be made to the assessed value unless appeals were timely filed before June 6, 2025.

INFORMATION ABOUT THE APPEALS PROCESS

When we review a property appeal, we look at any information provided on the appeal form, along with additional documents submitted, such as appraisals, sales, or asking prices.  We compare this information with the data we have on file for the property, and make any corrections that are necessary.  We also review the value of similar properties in the neighborhood to be sure the value is in line with others, and review sales data for the neighborhood.  If these reviews indicate that a change in the land or structure value is necessary, then changes will be made.  If changes are made that affect the equity of other properties in the area, then we will also change the value of those properties. We will notify the owners that their value has changed based on the information discovered during the appeals process, even though they may not have submitted an appeal.  If the assessed value of your property was not changed, it is because, based on the reviews we made as outlined above, we believe that the value represents fair market value.

Fair market value is equivalent to a property’s most probable sale price.  The sales that are used in determining fair market value are “arm’s length sales”. These are sales in which the seller is not under pressure to sell, nor is the buyer under undue pressure to purchase.  Sale prices are adjusted from the date of sale to January 2025, based on changes in the market value over time.

Any appraisals submitted during the appeals process are considered and carefully reviewed by our staff appraisers.  In some cases, we may determine that the resulting opinion of value was not reflective of current market conditions. Several factors can cause us to reach a different opinion of value.  Some of the factors are as follows:

• Comparable sales used in an appraisal may not be as similar to the subject as comparable sales we use in our appraisal
• Adjustments for the differences between the subject property and the comparable sales were not indicative of the market as of January 1, 2025

It should be noted that our method of analyzing and selecting comparable sales, referred to as mass appraisal, differs from that of individual property appraisal.  Instead of selecting three specific comparable sales, we typically review all qualified sales within the subject property’s location and neighborhood.  Unlike an individual property appraisal, we are required to consider the valuation of other comparable properties that have not sold.  This procedure ensures that the values of all properties within the neighborhood are equitable, whether they have recently sold or not.

The deadline to appeal to the Board was June 6, 2025 at 5:00PM