ASSESSMENT NOTICES MAILED TO PROPERTY OWNERS
“Green Card” includes estimated valuations for 2012
Contact: Sarah Erkmann
The city assessor will soon mail this year’s property valuation notices to some 96,000 Anchorage property owners. City code requires property owners be notified no later than January 15 of their property valuation each tax year. In addition to the mailing, the assessment data will be available at http://www.muni.org/ on January 13, 2012. 2012 tax bills will be sent by May 15 after members of the Anchorage Assembly set the tax rates.
The assessment notice also shows each property owner’s mailing address, legal description, assessed value, and the deadline to file an appeal.
Overall residential average values are up less than one percent from 2011, which is consistent with the previous three years of relatively flat growth. Overall commercial average values have also increased less than one percent from 2011. Of the $28.9 billion in real property value for 2012, $19.8 billion is residential and $9.2 billion is commercial.
Following January 13 mailing of the assessment cards, property owners will have a 30-day period (February 13, 2012) to resolve questions about their valuation. Property owners are encouraged to use the city’s website (www.muni.org/finance/paindex.cfm) to learn more about the assessment process and to view specific information about their assessed value. The web site also contains information about each property owner’s recent tax or assessment history.
Questions can be submitted using the email address on the website or by phone at 343-6500. Property Appraisal staff will be available to answer questions, conduct additional research and adjust value as appropriate. Most property owner questions and concerns can be resolved through this process.
The administration will present the annual report from the assessor to the Assembly during a work session Friday, Jan. 13 from 12 – 1 p.m. in the Assembly Conference Room on the first floor of City Hall.