Some May Have Questions When They Receive Tax Statements

Property tax statements in Wasco County were mailed out on Tuesday.  Wasco County Assessor Jill Amery says the County is seeing some increases in Real Market Value with a bounce back in the local real estate market, and that could lead to some questions from taxpayers.  Property owners are taxed on Maximum Assessed Value when it drops below the Real Market Value, and that can only be increased by three percent under Measures 5 and 50.  But Amery says when the market bounces back and the RMV starts to come back, some property owners might see larger jumps in their property tax assessment.  If the RMV has the potential to increase 20 percent before reaching the MAV, a property owner is taxed on the lower of the two, which would be the RMV, and Amery is concerned some property owners will see more than a three percent increase if they are caught in that.  Amery says they have added additional information in the Assessment and Tax Department section of the Wasco County website to help answer taxpayer questions.  She adds customers with questions can come into the Assessor’s office in the Wasco County Courthouse for assistance.

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