When is the assessor's certified Ratio Study filed?

The assessor's certified Ratio Study is filed on October 15. This date is significant because it aligns with the timeline for property tax assessments and budget preparations. The Ratio Study is a crucial part of the assessment process, as it analyzes the relationship between assessed values and market values, ensuring that properties are assessed at appropriate levels for tax equity. Filing this study by the October 15 deadline allows for a timely review and ensures that property tax calculations can be based on the most accurate and current data available, adhering to state regulations and promoting transparency in the tax system. This adherence to deadlines is vital for maintaining public trust and ensuring that all stakeholders are informed about property valuations.