How much is your residential property worth?
Chances are, when new values come out in January, the amount will be lower than when property was valued four years ago.
Tax Administrator Brian Myers presented a “schedule of values” to county commissioners last month. The values are basically the process used to determine a property’s true value. Board members are expected to vote on that schedule when they meet on Aug. 6.
Using staff and Marshall & Swift Valuation Service, the goal is to have each piece of property valued at 100 percent of the fair market value.
Myers said that after properties are valued, those schedules won’t change for four years, even if the market changes …