Committee hears bill to require replacement‑cost method for building valuation; assessors, counties raise concerns Rep. Dean (as introduced in transcript) presented HB2415 to require assessors to use a replacement‑cost (cost) approach for building valuation statewide. Supporters said it would equalize assessments across rural and urban counties; assessors and county officials cautioned about depreciation, software practice, constitutionality and urged phased or optional adoption.

A new bill in Missouri could revolutionize property tax assessments by mandating a replacement-cost approach, but concerns about fairness and implementation are raising eyebrows.

Learn more here!

#MO #CitizenPortal #PropertyValuation #TaxAssessmentReform #MissouriPropertyTax #RuralUrbanEquality

Petitioners challenge Elkhart County’s treatment of industrial mezzanines; county says evidence needed for systemwide change Tax representatives told the Elkhart County appeals board that applying a 60-year life table and market factors to industrial mezzanines inflates assessed value; the county said mezzanine types vary and asked for contractor quotes and broader data before changing valuation practice.

Tax counsel is challenging Elkhart County's valuation method for industrial mezzanines, claiming it inflates property assessments—could this lead to a significant tax break for businesses?

Click to read more!

#ElkhartCounty #IN #TaxAssessmentReform #CivicAccountability #CitizenPortal

County Executive removes 914 properties from tax sales due to valuation limits County Executive excludes residential parcels with over 15% valuation increase from tax sales.

In a bold move to protect homeowners, Jackson County has removed 914 properties from tax sales due to new state valuation limits!

Click to read more!

#JacksonCounty #MO #CitizenPortal #JacksonCountyPropertyTaxes #TaxAssessmentReform #FinancialAccountability #HomeownerProtection

Commissioner Veil Sheridan announces retirement plans ahead of November special election Commissioner Veil Sheridan will retire on December 31, 2025, prompting a special election.

Fluvanna County is gearing up for a pivotal special election following the retirement announcement of Commissioner Veil Sheridan—will you have your say in shaping the future?

Click to read more!

#FluvannaCounty #VA #CitizenPortal #TaxAssessmentReform #CommunityGovernance #ElectionEngagement