22
Apr
10

Property Value Appeals Decrease

My office has accepted 3,157 Board of Revision complaints for tax year 2009, about half as many as were filed in 2008 when we had a record 6,009 cases filed. 

The 3,157 complaints are still the second most ever filed.  I’m not surprised to see so many appeals.  A struggling economy, population loss and an aging housing stock have contributed to a down real estate market.  We reduced property values on over 105,000 parcels in the last reappraisal.  That kind of decline is unprecedented.

I am pleased  that so many citizens are informed and taking advantage of the appeals process.  Filing a property value appeal is an opportunity for direct citizen participation in local government.  I will continue to strive to make this process transparent and accessible for the community.

If you filed an appeal, you will receive at least ten days notice prior to your scheduled hearing.  The hearings, open to the public, are held Monday through Friday between 8:15 AM and 3 PM and usually last around fifteen minutes.

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