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Property Tax 101

Value & Tax Timeline

​Calculating market values and property taxes doesn’t happen overnight. The process of collecting open market sales data to determining market values to calculating taxes to actually collecting property taxes takes more than three years from start to finish. TaxTimeline.pdfSee the value and tax timeline.

How the process works for 2014 property taxes

  • Oct. 1, 2011–Sept. 30, 2012: Data from open market sales of property is collected to form basis of the 2013 assessment.
  • Oct. 11, 2012–February 2013: The Assessing Office uses the data to establish the 2013 market value.
  • Jan. 2, 2013: The "as of" date the 2013 market value for taxes payable in 2014 is effective.
  • March 2013: Assessing Office sends every property owner a Notice of Valuation, explaining the market value of the property as of Jan. 2 for taxes paid in 2014.
  • March–May 2013: Residents can appeal the market value.
  • November 2013: Proposed Tax Statements for 2014 are sent out.
  • March 2014: 2014 Property Tax Statements sent.
  • May 2014: First half of property taxes due.
  • October 2014: Second half of property taxes due.

For questions about the process, call 651-438-4200.

Last updated: 1/21/2014 8:37 AM