Reviewing Local Assessments

Annual Review
The local assessors are responsible for annually reviewing every assessment in their taxing jurisdiction. Tax Day is December 31 of each year and the property is assessed at 50% of its True Cash Value (TCV) as of that date.

The local assessors, through the local Boards of Review, are the only entities allowed to change individual assessments. The Equalization Department may not change individual assessments; it may only change the entire class of property by adding to or deducting from the assessment roll. This is done by applying a multiplier (i.e., a factor).