When will I find out what my new Market Value is?

Notices will be mailed in November 2021. The estimated market value for your property will be clearly printed on the notice you receive. Also on that notice will be your October 1, 2020 assessment (which is the 2016 market value multiplied by 70%). Please, do not multiply your new 2021 assessment times the July 2021 mill rate. The mill rate for the new 2021 assessments will not be set until June, 2022.

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1. What is a Revaluation?
2. Why conduct a Revaluation?
3. What does a Revaluation do?
4. What is Market Value?
5. Who determines Market Value?
6. Isn’t what I paid for my Property Market Value?
7. When will I find out what my new Market Value is?
8. Why doesn’t the notice I will receive tell me how much my taxes will be?
9. How do I decide if my New Market Value is okay?
10. Will all property values change?
11. What sales did you use to value my property?
12. What if I don’t agree with my New Market Value?
13. If I still don’t agree, can this be resolved without the expense of going to court?
14. What if I’m not satisfied with the decision of the Board of Assessment Appeals?
15. What about the Elderly and other hardship cases?
16. Is there anything I can do to help during the Revaluation?