The Assessment Process

DISCOVERY OF PROPERTY

Real Property: mapping system and on-site inspection reported by owner;

Personal Property: audited

PROPERTY IDENTIFICATION

Real Property: parcel identification system

Personal Property: account identification system

SITUS

Real property: physical location

Personal property: taxable location

PROPERTY CLASSIFICATION

Real property -- Personal property -- Exempt property -- Utility property

DATA COLLECTION AND ANALYSIS

General data Specific data -- Comparative data

PROPERTY VALUATION

Cost approach -- Sales comparison approach -- Income approach

NOTIFICATION PROGRAM

APPEALS PROCEDURE

TAX BILLS

PREPARATION AND CERTIFICATION OF ROLL

REPEAT ANNUALLY