assessment

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Assess

1. To estimate the value of a property, especially for property tax purposes. For example, a county may send an assessor to one's house to assess its value and base the property tax one owes on that assessment.

2. To decide the cost of something. For example, an insurance company may assess the damage of a house fire at $120,000 and agree to pay that much toward repairs. Alternatively, the government may assess that one owes $50,000 in income tax based upon one's income the previous year.

Tax Assessment

The determination of how much a person or company owes in taxes. One usually determines one's own tax assessment by declaring one's income and capital gains from the previous year and applying the methodology the government requires to arrive at the tax liability. The government has the right to audit any tax assessment.

assessment

(1) The official valuation of property for tax purposes. (2) A one-time charge made against property owners for each one's pro rata share of the expense of repairs or improvements to be enjoyed by all of them in common,such as a condo association assessment to replace a roof,or a local government assessment to pave a dirt road. (3) Determination of the value of property in a condemnation case.

References in periodicals archive ?
2008a) Health visiting assessment - unpacking critical attributes in health visitor needs assessment practice: A case study.
Including group-specific questions in your needs assessment will enable MHCs to understand the needs of all the migratory and seasonal farmworkers in their community.
In an effort to expand the repertoire of accountability measures, Fairchild and Seeley (1995) incorporated formal evaluation activities into their suggestions for school counseling accountability practices, specifically emphasizing needs assessments, data analysis, and student, teacher, and parent evaluations of the school counseling program.
Anne Wright says: "Training needs assessment is an important part of delivering a training programme to clients.
The housekeeping team might combine permanent maintenance staff with a rotation of functional specialists, depending on the outcome of your needs assessment.
Smith said that the needs assessment must be designed to provide a starting point for pretraining activities, training curriculum and post-training follow-up.
In 1990, the AICPA commissioned a needs assessment study to determine members' CPE needs and the relevance of the National CPE Curriculum's learning units to meeting those needs.
The first step in arriving at this goal is to initiate a needs assessment.
com/reports/c58214) has announced the addition of "A Practical Guide to Needs Assessment, 2nd Edition" to their offering
Tenders are invited for the hse invites tenders from suitably qualified companies/individuals to provide an independent, supports needs assessment of approximately 92 residents and 15 day service users in disability services.
Appealing to those involved in project management, this volume offers particular advantages in its broad coverage of needs assessment and its ease of use.