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Does the Board of Review have the authority to increase an assessment or tentative taxable value?

April 26, 2017assessment authority increase review taxable tentative value

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Does the Board of Review have the authority to increase an assessment or tentative taxable value?

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The General Property Tax Laws states that “The Board of Review shall correct the assessed value or tentative taxable value of the property, in a manner as in their judgment will make the valuation of the property relatively just and proper.” In a number of instances, the Board of Review has raised the valuations.