June 8, 2019
Jackson County property owners soon will begin receiving their 2019 real property reassessment notices. Mailing of the notices will begin this week and will continue for approximately one week.
Missouri law requires that the nearly 300,000 parcels of real property in Jackson County, including residential, commercial and agricultural, be reassessed every two years. With the assistance of external appraisal experts, the Jackson County Assessment Department has undertaken a thorough and analytical review of real property values in the County. Property values continue to increase across this county and surrounding areas.
Across the county, residential properties increased in value by approximately 18% exclusive of new construction. 84% of the single family residences increased from their 2018 value. Of the single family residential properties that saw an increase, 54% increased by 15% or less, while 16% saw no increase or a decrease from 2018.
The reassessment notice reflects the market value and assessed value of the subject parcel as of January 1, 2019 and shows the change in that valuation from the 2018 valuation. The Notice also includes estimated non-binding tax levies (rates) provided by applicable taxing jurisdictions (city, school district, fire district, library district, county, etc.), not the assessor. The projected tax calculation that accompanies the notice is calculated by using those estimated tax levies and the assessed value reflected in the notice.
“It is important to understand that even if your property value increases, that does not mean your tax bill will increase proportionately,” McCann Beatty said. “It may not increase at all.”
If a property owner disagrees with the assessed valuation reflected on the Notice, the owner is encouraged to request an informal review of that valuation by filing online at www.jacksongov.org/review or by calling the Assessment Department at (816) 881-4601. The deadline to file an informal review request is Monday, June 24.
This informal review process provides a property owner an opportunity to present to the County information concerning the valuation of the real property that may not have been available to the County when the values shown in the Reassessment Notice were determined. Examples of such information could be information concerning significant structural damage to a structure on the subject parcel not visible on the exterior, a recent appraisal of the subject parcel obtained for a home equity loan, or a recent sale or listing of the subject parcel.
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