Assessed value of property definition

Assessed value of property means an annual determination of:
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Assessed value of property means an annual determination of the just or fair market value of an item or property or, if a property is assessed solely on the basis of character or use or at a specified percentage of its value, pursuant to Section 4(a) or 4(b), Article VII of the State Constitution, its classified use value or fractional value.
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Assessed value of property means an annual
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Examples of Assessed value of property in a sentence

  • May 31 Assessed value of property established for next year's levy at 100 percent of market value.

  • February 14 - Tax bills are mailed.April 30 - First of two equal installment payments is due.May 31 - Assessed value of property established for next year's levy at 100 percent of market value.

  • Assessed value of property is established at 100% of market value for next year’s levy on May 31.

  • Property Tax Calendar:January 1 Taxes are levied and become an enforceable lien against propertiesFebruary 14 Tax bills are mailedApril 30 First of two equal installment payments is dueMay 31 Assessed value of property established for next year’s levy at 100 percentof market valueOctober 31 Second installment is due Property taxes are recorded as a receivable and revenue when levied.

  • May 31 Assessed value of property established for next year’s levy at 100 percent of market value.

  • Assessed value of property within the District in FY 10-11 in Santa Clara and San Benito Counties was $16.9 million and $124.3 million, respectively.

  • February 14 Tax bills are mailed.April 30 First of two equal installment payments is due.May 31 Assessed value of property established for next year's levy at 100% of market value October 31 Second installment payment is due.Property taxes are recorded as a receivable when levied, offset by deferred revenue.

  • February 14 Tax bills are mailed.April 30 First of two equal installments is due.May 31 Assessed value of property established for next year's levy at 100% of market value.

  • PROPERTY TAXES The county treasurer acts as an agent to collect property taxes levied in the County for all taxing authorities.Property Tax Calendar January 1 Taxes are levied and become an enforceable lien against properties February 14 Tax bills are mailedApril 30 First of two equal installments is dueMay 31 Assessed value of property established for next year’s levy at 100 percent of market valueOctober 31 Second installment is due.

  • February 14 Tax bills are mailed.April 30 First of two equal installment payments is due.May 31 Assessed value of property established for next year’s levy at 100 percent of market value.October 31 Second installment is due.


More Definitions of Assessed value of property

Assessed value of property means an annual determination of the just or fair market value of an item or property or, if a property is assessed solely on the basis of character or use or at a specified percentage of CODING: Words, symbols, and letters stricken are deletions; words, symbols, and letters underlined are additions. C-22- its value, pursuant to Section 4(a) or 4(b), Article VII of the State Constitution, its classified use value or fractional value.
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Assessed value of property means an annual determination of the just or fair market value of an item or property or the value of the homestead property as limited pursuant to
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Related to Assessed value of property

  • Appraised Value The value set forth in an appraisal made in connection with the origination of the related Mortgage Loan as the value of the Mortgaged Property.

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Undepreciated Real Estate Assets as of any date means the cost (original cost plus capital improvements) of real estate assets of the Company and its Subsidiaries on such date, before depreciation and amortization, determined on a consolidated basis in accordance with GAAP.

  • Initial assessed value means the assessed value, as equalized, of all the taxable property within the boundaries of the development area at the time the resolution establishing the tax increment financing plan is approved as shown by the most recent assessment roll of the municipality for which equalization has been completed at the time the resolution is adopted. Property exempt from taxation at the time of the determination of the initial assessed value shall be included as zero. For the purpose of determining initial assessed value, property for which a specific local tax is paid in lieu of a property tax shall not be considered property that is exempt from taxation. The initial assessed value of property for which a specific tax was paid in lieu of a property tax shall be determined as provided in subdivision (w).