The Notice of Assessment, Taxable Valuation and Property Classification is sent to every property owner on an annual basis. An explanation of it follows:

How to Read your Change of Assessment Notice

Explanation and Example

The amount in the CHANGE column does NOT reflect the change in tax dollars for current year. The CHANGE column is simply the difference between the previous year values and the current year values.

Note the statement: This change in taxable value will increase/decrease your current year tax bill by approximately: Following this statement the estimated increase or decrease in your current year tax bill will be estimated. This estimate excludes any significant change in the millage/tax rates.