At Monday’s Administration Committee
meeting, County Assessor Jim Rooney presented a proposal to amend an Ordinance for Reassessment of
“Substantially Destroyed Property”. The Ordinance addresses property
that has lost value as a result of misfortune or calamity through no fault of
the owner. Updates to this ordinance primarily address the minimum dollar
amount of damages and the period in which to apply for reassessment of taxes.
These changes will bring the county into compliance with the State Revenue and
Taxation Code. Currently,
reassessments of taxable property with a minimum of 5,000 dollars worth of
damage must be done within two weeks of the initial damage. The new minimum is
set at 10,000 dollars with a 6 month filing period. The suggested
changes were approved by Supervisor Forster. The resolution will be voted on by
the Board of Supervisors.
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