What is a property tax assessment board?

A property tax assessment board is a governmental body in the state of California tasked with valuing taxable property for the purposes of property taxation. It is made up of a panel of up to five members, chosen by the local government, who are responsible for determining the value of a property for taxing purposes. The board reviews evidence, such as sales of similar properties in the same area, in order to make a determination of the property’s value. In the state of California, each county or city is required to appoint a board of equalization which functions in a similar capacity. The board of equalization reviews appeals of property values determined by the property tax assessment board and can also set assessment ratios for various types of property, such as agricultural or timber. Collectively, these boards oversee the assessment of property around the state. Property tax revenues are used to fund many essential services, such as schools and libraries, in any given locality and the role of the assessment board is critical for ensuring the proper functioning of these services.

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