How can I expect my assessment to change in 2019?

SEV - As stated in the Equalization timetable for 2019, the time period of the sales study for residential property assessments is from April 1, 2016 through March 31, 2018.


Taxable - Remember, unless there is a transfer of ownership, the definition of Taxable Value is the lesser of the SEV or the Capped Value, which is last year's Taxable Value (adjusted for physical changes) multiplied by the CPI (=1.024% for 2019).


Since the beginning of Proposal A in 1994, overall increases in SEV have generally been greater than the increase in Taxable Value capped at the CPI. The longer a property has been owned and capped, the greater the gap between the SEV and Taxable Values.


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1. What is the difference between the assessed value and taxable value of my home?
2. How is my assessed value calculated?
3. How is my taxable value calculated?
4. How can I expect my assessment to change in 2019?
5. I just purchased my home. Shouldn’t the assessed value be half of what I paid?
6. I recently purchased a home. Will my taxes on this property be about the same amount as the prior owner’s taxes?
7. My neighbor and I have very similar homes. Why is my tax bill higher than theirs?
8. Why did my taxes go up this year?
9. How can I find out what information you have on my property or on my neighbor’s property?
10. What can I do if I disagree with the assessed value or taxable value placed on my property?