Two Fundamental Duties of the Assessor
The township assessor is responsible for discovering, listing, and determining the fair cash value of most property within the assessment jurisdiction and assessing said property at the statutory percentage of value.
- Determining market value. All property is valued and assessed as of January 1 of the tax year.
- Assessing like property in a like manner – uniformity. Establishing equitable assessments among like properties is an extremely important aspect of the assessor’s duties because equitable assessments assure that all township residents are afforded their constitutional right to equal treatment and equal taxation under the law.
Purpose of the Assessment
The purpose of the assessed valuation is to apportion the tax burden, as created by the taxing bodies (schools, counties, municipalities, townships) over all real estate according to its fair cash value. Please see our How Taxes are Determined page to learn more about this process.