Assessed valuation

The value assigned to property by a municipality for the purpose of tax assessment. Such an assessed valuation is important to investors in municipal bonds that are backed by property taxes.

Assessed Valuation

The value of a property as determined by an appraisal conducted by a municipality. The assessed valuation usually occurs every year when a municipality asks for appraisal to determine the liability for property taxes. If a property owner wishes to dispute the value of an appraisal, he/she may request a reassessment. The assessed valuation may take into account the quality of the property, values of surrounding properties, and market conditions in the area.

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Under its initial assessed valuation for fiscal 2012, the annual property taxes on the Palladium were $65,887.

Palladium receives tax relief from city

Protesting assessed valuations that are too high is one way owners can keep some control over rising costs.

Owners await new tax bills

The 2,332 commercial properties in Worcester have an average assessed valuation of $821,138.

Real estate tax bill $11.3B; Residential values down

Westside property owners already pay about $18 per $100,000 assessed valuation on a tax approved in 1989 that nine years later was extended until 2026.

ANTELOPE VALLEY: PAIR OF SCHOOL BOND MEASURES FAILING

Those changes added $2 billion in assessed valuation to the utilities but the other classes ended up paying for it.

NYC tax rates finalized

The Antelope Valley Union High School District will place a $177 million bond on the June ballot to expand and improve high schools and build two new ones that would annually cost property owners about $30 per $100,000 assessed valuation.

PALMDALE MAY PURSUE SCHOOL BOND DEMOGRAPHICS POINT TO NEED

Depending on how fast the assessed valuation in the Westside district grows, the bond amount could range anywhere from $52 million to $75 million, Rossall said.

RESIDENTS FAVOR TAXES FOR SCHOOLS SURVEY: 60 PERCENT WOULD OK $27 A YEAR

District officials are considering trying to pass the bond measure under Proposition 39, which would require approval by 55 percent, rather than two-thirds, of the voters and would cap taxes at $30 per $100,000 assessed valuation.

SUPPORT FOR SCHOOL BOND TO BE MEASURED WESTSIDE DISTRICT WANTS HELP TO BUILD SIX CAMPUSES