Vancouver, WA – Notice of Value forms were sent to all property owners in Clark County on Nov. 19, 2009. These notices reflect the value of property as of Jan. 1, 2009, as required by law. Sales from 2008 were analyzed to determine values, and values on the notices will be the basis for 2010 property tax calculations.
Owners will see that most residential property values are reduced from prior levels, between 10 percent and 15 percent depending on sales in the surrounding area. Residential property values declined in 2008, although commercial property values remained stable.
Changes in the 2009 market will be analyzed Jan. 1, 2010, for assessments that will be the basis for 2011 taxes.
The notices are later than usual this year because Clark County moved to a new combined computer system for the Assessor and Treasurer’s offices. Property owners still have 60 days from the date on the notice to appeal property values to the Board of Equalization. For an appeal form, go to: http://www.clark.wa.gov/board-of-equalization/documents.html.
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