What is the role of local assessors in the property tax system?

Local assessors play a crucial role in the property tax system primarily by performing annual assessments and maintaining property records. They are responsible for determining the value of properties within their jurisdiction, which is essential for establishing a fair property tax base. This involves physically inspecting properties, analyzing data, and applying assessment methodologies to ensure accurate property valuations.

Maintaining property records is also a key responsibility, as these records include important information such as property characteristics, ownership details, and assessment history. Accurate and up-to-date records help ensure transparency and reliability in the assessment process.

In contrast, establishing property tax rates usually falls under the authority of local government units or taxing jurisdictions, which set rates based on the total value of assessed properties and required revenue. Collecting property taxes is generally the responsibility of local treasurers or tax collectors, not assessors. Additionally, while local assessors may be involved in the process, overseeing property tax exemptions usually requires coordination with other governmental bodies and adheres to specific eligibility criteria.