CLEARWATER TRIBUNE HOME
MAY 27, 2010
Property Valuation (Assessment) Notices being mailed
2010 Property Valuation
(Assessment) Notices are being mailed out to
Remember that the Assessor does not
establish the market; it is the buyers and sellers who determine the market.
Values are not increased in order to generate more revenue, but to provide
The changes in your assessed
value are a result of either physical inspections or sales analysis throughout
the county, to bring values in line with
reported market sales. The
Assessorís office is holding values as low as possible based on
Pierce residential or commercial properties will have no market changes, but residential land will decrease about 10 percent in value.
Weippe residential properties will see no market changes in residential or commercial values.
Manufactured homes will see some changes due to updated cost schedules. Some of the Rural Subdivisions will see an increase in land values. The Rural Areas will see changes in values due to reappraisals and updated cost schedules.
Timber designated land will see about a 10-15 percent decrease for Category 6, depending on the land class and no change for Category 7. After 12 years, a study was done in 2009 on Agriculture land using cash rents and the USDA soils study, resulting in some substantial changes across the county for crop and grazing land. This is based on a five year average affecting values for 2009 through 2014.
When values increase, you could see an increase or decrease in your actual taxes depending on the total values in your taxing district, but generally the tax will not change by the same percentage as your values change. This is due to levy limits on individual taxing districts, and the three percent cap on the total amount of property taxes collected in the entire county from one year to the next. Another factor that will affect your tax is the decrease in the homeowner exemption from $104,471 to $101,153 this year, due to a decrease in the Idaho Housing Index.
The personnel in the
Assessorís office will gladly assist in reconciling any concerns you may have,
but if you are still dissatisfied with your value, you may appeal it to the
Board of Equalization. Appeals must be filed by June 28 on a form obtained from
If you are unhappy with