04-23-2003 Board of Appeal and Equalization Packet

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1'^ ( c ir those cities or towns that hold a local board of appeal and equalization; however, corrections of errors that are merely clerical in nature or changes that extend homestead treatment to property are permitted after adjournment until the tax extension date for that assessment year. The changes must be fully documented and maintained in the assessor’s office and must be available for review by any person. A copy of the changes made during this period in those cities or towns that hold a local board of appeal and equalization must be sent to the county board no later than December 31 of the assessment year. The board shall determine whether the taxable property in the town or city has been properly placed on the list and properly valued by the assessor. If real or personal property has been omitted, the board shall place it on the list with its market value, and correct the assessment so that each tract or lot of real property, and each article, parcel, or class of personal property, is entered on the assessment list at its market value. No assessment of the property of any person may be raised unless the person has been duly notified of the intent of the board to do so. On application of any person feeling aggrieved, the board shall review the assessment or classification, or both, and correct it as appears just. The board may not make an individual market value adjustment or classification change that would benefit the property in cases where the owner or other person having control over the property will not pemiit the asscs.sor to inspect the property and the interior of any buildings or structures. A local board may reduce assessments upon petition of the taxpayer but the total leductions must not reduce the aggregate a.s.sc.sMnent made b> liic county a.s.se.s:>or by more than one percent. If the total reductions w ould lower the aggregate assessments made by the county assessor by more than one percent, none of the adjustments may be made. The assessor shall correct any clerical errors or double assessments discovered by the board w ithout regard to the one percent limitation. A majority of the members may act at the meeting, and adjourn from day to day until they finish hearing the cases presented. The assessor shall attend, with the assessment books and papers, and take part in the proceedings, but must not vote. The county assessor shall attend the meetings, f he board shall list separately, on a form appended to the assessment book, all omitted properly added to the list by the board and ail items of property increased or decreased, with the market value of each item of property, added or changed by the board, placed opposite the item. The county a.sscssor shall enter ail changes made by the board in the assessment book.