Sentence examples for assessed value the from inspiring English sources

State law caps increases in a property's assessed value – the amount to which property tax rates are applied – to 6 percent in one year and 20 percent in five years.

1925, p. 2042, c. 120, § 329), personal property is to be valued at its fair cash value, which value is to be set down in one column to be headed 'Full Value,' and one-half part thereof is to be ascertained and set down in another column headed 'Assessed Value.' The one-half value of all the property so ascertained and set down is to be the value for all purposes of taxation.

The county maintains that the law is intended to cap assessed values, the smaller number on a tax bill that is used to calculate taxes.

The coalition determined the average of the ratio of sales prices to the assessed values for all the homes that sold in a given year.

And co-op assessments can rise faster than the assessed values of condos.

The assessed values that are cited for individual assets are not relevant to the appraised value.

The problem was that county officials had avoided updating the assessed values on properties -- homes were last assessed in 1938 -- so inequities grew and many owners filed appeals.

The assessed values are crucial because they are used to compute tax bills.

They expect a drop in the assessed values of their homes, resulting in smaller property tax bills.

The assessed values, deed values and sale values utilized by Mr. Byrne are highly inaccurate and erroneous in many cases.

This number is applied to the assessed value of the property, and the city assesses the properties anew every year.