“Details on the total increase in valuation were unavailable last week as the assessor’s office was preparing to submit final numbers to the county clerk, who certifies the assessments before taxing entities like school districts and library boards set tax rates in the fall.”
In past years, reassessment increases in Buchanan County hovered in the 10 to 15 percent range, with assessors considering market value, land values, and physical improvements.Officials said the ounty remains in compliance with state tax commission regulations that require assessments to fall within 10 percent of market values in an area.A total of 5,000 appeals in Jackson County were filed in the 2017 reassessment year. I suspect there will be many homeowners who feel their property tax assessment is too high.
According to NOLO, to successfully challenge the taxable value, you’ll need to establish at least one of the following facts:
If you are not satisfied with the estimated market value placed on your property or you feel your reassessment notice is incorrect, you may file an Informal Review request with the Assessment Department by completing the Informal Review request form online here or by calling 816-881-4601 during regular business hours (8 a.m. – 5 p.m.).
You can appeal to the Jackson County Board of Equalization (BOE). Along with your appeal form, you should provide documentation to support your opinion of value. The Board will notify you of the date, time, and location of your scheduled hearing. The Board will hear evidence from the Assessment Department staff and from you regarding the value of the property. They will then render a decision based upon the evidence presented. If you do not appear at your scheduled hearing, the Board may hear your case and value your property based upon the evidence presented.
But just in case you get to appear before the board, several types of evidence may be useful, including:
At the hearing, you’ll probably have just five or ten minutes to present your case, so be succinct. Bring extra copies of your documentary evidence so that each hearing officer has a copy. Try to include a chart showing comparative sales prices and taxable values. You may want to arrive at the hearing early so that you can observe – and learn from – other people’s hearings.
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