ASSESSMENT PROCESS:
The
function of the Assessor's Office is to determine actual
value of real property (The
price you would expect to receive if you sold your home),
while maintaining equity (Equal
treatment) between properties. This is determined by what
occurs in the marketplace, the buying and selling of property
by the public. The Supervisor of Assessments and the Board
of Review may use multipliers to bring the assessments of
townships county-wide up to the State mandated 33 1/3 percent
of market value. The demand for monies by the taxing bodies
results in TAXES . The
taxing bodies are listed on your tax bill with their portion
of the tax dollars.
THE
ASSESSOR DOES NOT TAX.
Each individual property is recorded on a property record
card. Legal description, ownership, and a drawing of any
improvements are recorded on this card. Details of construction,
size, condition and other required information are also
listed. It also contains your Permanent Index Number (PIN).
This is the identification number for your individual property.
In Troy Township your index number will begin with 05-06-etc.
This number will also appear on your tax bill. All property
record cards are filed by this number, and any newspaper
publication will be listed by PIN order. You can request
a copy of your property record card and after reviewing
the information, we urge you to contact our office if you
have any questions.
|