Filing an appeal DOES NOT extend the time to pay your taxes. Your tax amount due must be paid by the due date to avoid penalties and interest.
The taxpayer has the right to appeal their property assessment if they disagree with the Assessor’s property valuation. However, the AMOUNT of your tax bill is not grounds for an appeal. The taxpayer may appeal: the fair market value, the special use value, the assessment ratio, and the property tax assessment.
It is important to understand the year in which the assessor must value the taxpayer’s property. Real property is valued as of 12/31 of the year of the last countywide reassessment and will remain at that valuation for five years unless it has an Assessable Transfer of Interest (ATI). Current market activity is not relevant to the year of valuation. Evidence used to prove the taxpayer’s position must be as of 12/31 of the year of the last countywide reassessment.
When can you appeal?
TITLE 12-60-2510. Property tax assessment notice; contents; written notice of objection.
(3) In years when there is a notice of property tax assessment, the property taxpayer, within ninety days after the assessor mails the property tax assessment notice, must give the assessor written notice of objection to one or more of the following: the fair market value, the special use value, the assessment ratio, and the property tax assessment.
(4) In years when there is no notice of property tax assessment, the property taxpayer may appeal the fair market value, the special use value, the assessment ratio, and the property tax assessment of a parcel of property at any time. The appeal must be submitted in writing to the assessor. An appeal submitted before the first penalty date applies for the property tax year for which that penalty would apply. An appeal submitted on or after the first penalty date applies for the succeeding property tax year.
Please note that by state law, the assessor’s valuation is presumed correct and that the Taxpayer bears the burden of proving the assessor’s valuation is not correct. Put plainly, this simply means that the taxpayer must show evidence that proves the assessor is not correct in his assessment of the property.