Sun, Sep 5, 2010
Effective January 1, 2010, there were two significant changes in the filing process for decline-in-value reviews.
For 2010, the Assessor’s Office has again proactively reviewed the value of hundreds of thousands of single-family residences and condominiums. This review included those homes purchased between July 1, 2003, and June 30, 2009. In some especially hard-hit areas, homes purchased prior to July 1, 2003, were reviewed. Property owners may check our "Will My Property Be Reviewed for a 2010 Decline-in-Value" webpage to see if their property is included in the review. By June 30, 2010, the review will be completed and the results will be posted on the website. In addition, all those reviewed will receive the results by mail.
In prior years, the filing period for filing decline-in-value reviews was January 1 through December 31. But since we are confident that our proactive review will result in a fair value for the 2010 property taxes, we want property owners to wait for the results before deciding to file an application for another review. Therefore, the first day to file a decline-in-value application was changed from January 1 to June 1. The last day to file for a formal assessment appeal with the Assessment Appeals Board is November 30. For consistency, the filing deadline for a decline-in-value review with the Assessor will also be November 30.
The 2010 decline-in-value application is available on the website and at all Assessor’s Office public counters. Applications received after November 30 will not be processed.
The second major change is that requests for a decline-in-value review may be done online. A property owner will need the parcel’s personal identification number (PIN) as shown on the original annual tax bill to submit an online application.
Please click here to submit an online application.
Please click here to see related press release.
Please click here to see if your property has been reviewed for a decline-in-value.