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.
See the value and tax timeline.
How the process works for 2025 assessment
- Oct. 1, 2023–Sept. 30, 2024: Data from open market sales of property is collected to form basis of the 2025 assessment.
- Jan. 2, 2025: The assessment date 2025 market value for taxes payable in 2026 is effective.
- March 2025: 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 2026.
- March–May 2025: Residents can appeal the market value.
- November 2025: Proposed Tax Statements for 2026 are sent out.
- March 2026: 2026 Property Tax Statements sent.
- May 2026: First half of property taxes due.
- October 2026: Second half of property taxes due.
For questions about the process, call
651-438-4200.