![]() ![]() The County Board of Equalization, appointed by the Grand Jury, is the body charged by law with hearing and adjusting administrative appeals to property values and assessments made by the board of tax assessors. In addition, they approve all exemptions claimed by the taxpayer. They notify taxpayers when changes are made to the value of the property they receive and review all appeals filed and they insure that the appeal process proceeds properly. Levy rates may rise or fall depending on the amount of funding that each levying body requires.The County Board of Tax Assessors, appointed for fixed terms by the county commissioner(s) in all counties except one, is responsible for determining taxability the appraisal, assessment, and the equalization of all assessments within the county. It is at this point in the process that taxes are determined. Once this is completed, the levying bodies (county school board, county commission, etc.) approve their levies. The Assessor’s office provides values to each levying body. Levy rate information may be obtained in the Assessor’s office. ![]() The Assessor determines your assessed value, and the board of education, the county commission, and the municipalities determine the levy rate. Your tax bill is determined by multiplying a tax rate (levy rate) against your assessed value (60% of market value). The Assessor does not set your property tax. ![]() All valuations must occur on a fiscal year basis commencing on the first day of July. ![]() The specific duties of the Assessor are to discover, list and value all Real and Personal property located within the boundaries of the county on an annual basis. The Assessor and her deputies are directed by West Virginia Constitution, Article X, Section I, to determine the value of all real and personal property at fair market value for each tax year. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |