Basics of Valuing Your Property
This fact sheet includes helpful information for homeowners about how it is we assess property. It has helpful tips about how to reduce your property tax, the difference between assessed value vs market value, and important dates for all property owners.
Business Factor Table
Assessment begins with the cost of the asset, including sales tax, freight and installation per filed Business Property Statement (Form 571-L). The Assessor applies a valuation factors to the cost of the asset to arrive at the assessed value.