CLARKSVILLE, Tenn. (CLARKSVILLENOW) – Clarksville – Montgomery County residents recently received notice from the County Property Assessor notifying residents of their potential property tax increase. The reappraisal process is required by the State of Tennessee for all counties every four to six years. Montgomery County is on a five year schedule, with this year being the year for reappraisal.
According to the Montgomery County Property Assessor’s office, revaluations keep property taxes fair and equitable by periodically recapturing market activity. Misconceptions regarding the property tax increase leave many residents how, or why, their taxes are being increased.
Does the Property Assessor determine the tax rate or collect the taxes for property?
Property Assessors do not collect taxes, that is the roll of the County Trustee. Tax rates are the responsibility of both the County Commission and City Council. The Property Assessor will, however, determine the value of a property so that taxes can be calculated.
Will higher property values mean higher property taxes?
Property value is not a direct correlation to higher property taxes. According to the Montgomery County Property Assessor’s office, “law requires counties and cities to certify new property tax rates after a revaluation”. This ensures higher taxable value does not automatically result in increased taxes.
The goal of a reappraisal is simply to reestablish market value.
How do they calculate property taxes?
There is a tax calculator on the County’s website here. The assessment was calculated by a mass appraisal process.
How do you feel about the property revaluation? Answer the poll below (be patient as it may take a moment to load.
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Appealing the reappraisal, is it possible?
Property owners do have an opportunity to meet with the Property Assessor’s office if they feel their property does not represent fair market value. The appeal process will be located on the assessment change notice. Those wishing to appeal must appeal by June 10, although the website/brochure states June 1. Tennessee Law puts the burden of proof on the property owner.
Contact for Questions
Montgomery County Assessor of Property
350 Pageant Lane, Suite 101-C
931-648-5709
The Property Assessor’s office was unavailable for comment at the publish of this article.