In April 2014, Notices of Proposed Valuation were sent out for Tax Year 2015 (TY15). The NOTICE IS NOT A BILL
—it informs you what the assessed market value of your property is. If you do not receive a Notice, it means there has been no change in your property's value from the previous year.
The First Level Review (FLR)
process has been put in place for property owners who believe the new proposed value of their property for TY15 is incorrect. Forms to request an FLR were included in the April 2014 mailing.
The FLR process is as follows:
- Complete and submit the FLR request form--one FLR form per parcel--and include any additional information for the Office of Property Assessment (OPA) to consider, such as photos or recent appraisals, by May 16, 2014, or within 30 days of the date of your Notice.
- Based on the submitted information, the Evaluator may decrease, increase or keep the assessed value the same.
Commercial/Multi-Family properties that receive an assessment notice for TY15 and wish to file an FLR, must also include income and expense forms for the last two years (2012 and 2013). The appropriate form can be downloaded below:
If you are not satisfied with the outcome of the review or decide to skip the FLR altogether, you may file a Formal Appeal with the Board of Revision of Taxes (BRT). Formal appeals are due to the BRT by the first Monday in October (October 6, 2014).
Need more information? Watch this video for more details about the First Level Review Process. Vea el video en español.