How is my property assessed?

Properties are appraised based on what comparable properties are selling for in the community. With the assistance of the consultants from Vision Government Solutions Inc, the Assessors' Office maintains data on all properties in the community and implements procedures to appraise properties at fair market value.

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1. Why are properties revalued each year?
2. How is my property assessed?
3. How will I find out what my new assessment is?
4. If my assessment increases will my property taxes increase?
5. If assessments increase and the tax rate stays about the same, why don’t we leave the assessment the same?
6. Can I review my annual property assessment with someone after receiving the bill?
7. Doesn’t Proposition 2½ mean that my taxes cannot increase more then 2.5% per year?