WayneTwp: Notes from the Assessor

Notes from the Assessor

From the December 2017 / January 2018 Senior Center Newsletter:

My staff and I completed the 2017 assessments on October 18th. The Equalization Notice was published in the Examiner newspapers on November 1, 2017. The assessment appeal deadline will be December 1, 2017.

All properties in Wayne Township received an equalization factor of 1.0469 to bring the median level of assessments to 33 1/3% of market value, as required by state statute. In addition, each neighborhood was reviewed and some neighborhoods received additional adjustments to bring their levels of assessments closer to 33 1/3% of market value. Your assessed value, multiplied by three, indicates the estimated market value of your property as of January 1, 2017, based on sales that occurred between 2014 and 2016.

Appeals may be based on either market value or uniformity. The Board of Review will not hear arguments related to the amount of the property tax bill.

I encourage property owners to contact my office prior to filing formal assessment appeals. We will verify that the information on your property record card is correct and review the evidence you believe supports your claim of overvaluation. After our review, if you still disagree with your assessed value, you will have the opportunity to file an appeal with the Board of Review.

As always, my staff and I are working to help you better understand the property tax cycle and assessment process.

Michael E. Musson
Wayne Township Assessor


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