2027 Property Revaluation
At a glance
- What: the county's 2027 reappraisal of all real property, the first on the board's 4-year cycle (it had been 8 years). New values take effect with a January 1, 2027 valuation date.
- Where it stands: kicked off at the Sept 8, 2026 meeting. The 2027 schedule of values (the land, building and income rate manual) was presented for consideration, with a public hearing set for October 19 and adoption expected after it.
- Next: adoption of the schedule; notices of new values to property owners around February 2027, then the appeals process. Staff stressed that higher values do not automatically mean higher tax bills because the board sets the rate.
How the reappraisal works
- The county tax administrator (first name Brad; surname not captioned) presented with a representative of Vincent Valuations, the contracted vendor that also assisted with the 2023 revaluation and will support appraisal and appeals.
- Five steps: field data collection, sales analysis (valid arm's-length sales only, generally within two years), neighborhood delineation, building the schedule of values, and statistical ratio testing.
- Commercial and apartment property is valued mainly on income and cap rate, with sales comparison and cost approaches also used; farm-use values follow a separate state-set schedule.
- Community: about ten town halls held so far, with more planned; an aerial flyover for change detection is planned this winter.
Concerns raised
- Commissioners asked about a possible market cool-down (staff saw some but gave no percentages), how easements and unbuildable land are treated, how neighborhood lines are drawn, and the effect of new apartments on nearby home values.
- Staff flagged a state appeals ruling that let an apartment complex partly owned by an exempt nonprofit avoid property tax on the whole property; a legislative fix failed and the county estimated a possible loss on the order of $1 million a year (figures uncertain in the captions).
Discussion time
About 36 minutes across 1 meeting (from transcript timestamps; approximate).
| Meeting | Minutes |
|---|---|
| 2026-09-08 - Board of Commissioners | 36 |
Log
- 2026-10-19 - Board of Commissioners — Public hearing on the 2027 Schedule of Values held with no comments; staff will return November 2 for adoption and advertising.
- 2026-09-08 - Board of Commissioners — Revaluation kickoff and presentation of the 2027 schedule of values; hearing set for October 19.
- 2026-11-02 - Board of Commissioners Meeting — Presentation of the 2027 countywide revaluation Schedule of Values (Brad Fowler) is on the agenda (agenda only; outcome not yet recorded).