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SB 803 - Under current law, whenever any assessor in a charter county increases the assessed value of a property, he or she must provide the record owner of the property with a notice of increased valuation and a notice of such taxpayer's projected tax liability. This act would require all assessors in charter counties to provide a notice of assessment method and valuation in addition to the notices of increased valuation and projected tax liability. The notice of assessment method and valuation will provide taxpayers with the method of assessment, including any characteristics of the assessed property; comparable sales information; statistical models; calculations; and any other relevant information utilized in determining the value of the property. JASON ZAMKUS
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