What action is necessary to initiate a request for a reassessment?
Under Section 70.75 of the statutes, the owners of at least 5% of the assessed value of all property in the taxation district may file a written complaint with the Department of Revenue. Petition forms for a reassessment are available from the Department of Revenue, Bureau of Equalization. The basis of the complaint must be that the assessment of property in the taxation district is not in compliance with the law and that the public interest will be promoted by a reassessment.