If I Think My Value is Incorrect
Come and talk with one of our appraisers. During this informal “open book” session you can learn how your assessed value was determined, what factors were considered, and what type of records we keep about your property.
If Assessment is Still Incorrect After Review
The next step is to file an objection with the Board of Review. The property owner must provide the City Clerk with a written notice of intent to file an objection at least 48 hours before the Board's first scheduled meeting. The Board can waive the 48-hour notice requirement if the property owner shows good cause for failing to meet the requirement or provides evidence of extraordinary circumstances. Objections must be in writing and should be filed with the City Clerk within the first two hours of the Board's first scheduled meeting. The Board of Review usually requires an objection to be filed on standard forms, which are available from the City Clerk.
Board of Review
The Board of Review is a five-member citizen panel, appointed by the Mayor and City Council. Boards of Review operate like a court. Their function is not one of valuation, but of deciding the validity of the facts presented orally before them. The basic function of the Board is to listen to sworn testimony presented by both the property owner and assessor and then determine if the assessed value of the property is correct. You must prove that your property is inequitably assessed when compared to the general level of assessment within your tax district.
Keep in mind that your evidence must be strong enough to prove that the assessor's value is incorrect. Stating that property taxes are too high is not relevant testimony. You should establish in your own mind what you think your property is worth. The best evidence for this would be a recent sale price of your property. The next best evidence would be recent sales prices of properties that are similar to yours. The closer in proximity and similarity, the better the evidence. Another type of evidence is oral testimony from a witness who has made a recent appraisal of your property.